By Michele Howe
Oracle continues acquisition spree with purchase of network intelligence and reconciliation firm Netsure Telecom.
Oracle's acquisition spree has continued with the purchase of Netsure Telecom, a provider of network intelligence, analytics and network data integrity software.
The software giant announced earlier this week plans to acquire the Dublin, Ireland-based firm, which it intends to integrate into its Communications Global Business Unit. Terms of the deal were not disclosed.
The purchase, its fifth this year, fits well with Oracle's communications strategy, said research firm Ovum.
"The communications industry is strategically important for Oracle, being one of the sectors with a high reliance on IT and, consequently, strong software spend," said David Mitchell, senior vice president IT research, at Ovum. "Oracle has always been a major software player in the communications industry, with market share dominance in its database technology. The string of acquisitions has turned it an even more significant player in the market."
NetSure's products are complementary to the rest of Oracle's communications portfolio and will position it well to provide software infrastructure support to the growth of new generation networks, he added.
Oracle's previous acquisitions in the communications domain include communications infrastructure software provider HotSip, service fulfilment operations support system solutions provider MetaSolv, and Parlay/OSA service delivery components supplier Net4Call, all of which it acquired last year.