Oracle Buys Tekelec
Adds Leading Network Signaling, Policy Control and Subscriber Data
Management Solutions to Oracle Communications Portfolio
REDWOOD SHORES, CA -- (Marketwire) -- 03/25/13 -- Oracle (NASDAQ:
-- Oracle today announced that it has entered into an agreement to
acquire Tekelec, a leading provider of network signaling, policy
control, and subscriber data management solutions for communications
-- The proliferation of smart devices, mobile applications, and connected
services has led to an exponential increase in network signaling and
data traffic. Service providers require intelligent network control
technologies to address these increased network workloads as well as
to deploy and monetize cloud and over-the-top services.
-- Tekelec's technology enables service providers to deliver, control and
monetize innovative and personalized communications services and is
utilized by more than 300 service providers in over 100 countries.
-- Tekelec's network signaling (Diameter and SS7), policy control and
subscriber data management solutions complement Oracle Communications'
mission-critical operational support systems, service delivery
platforms, and business support systems, and are expected to help
service providers efficiently allocate and monetize network resources.
-- By combining Tekelec with leading capabilities from Oracle
Communications and Acme Packet*, Oracle expects to provide the most
complete communications offering that will enable service providers to
engage with customers, improve operations, control network resources
and deploy innovative communications services.
-- Terms of the agreement were not disclosed. More information on this
announcement can be found at http://www.oracle.com/tekelec.
*Pending Acme Packet transaction close.
-- "As connected devices and applications become ubiquitous, intelligent
network and service control technologies are required to enable
service providers to efficiently deploy all-IP networks, and deliver
and monetize innovative communication services," said Bhaskar Gorti,
senior vice president and general manager, Oracle Communications. "The
combination of Oracle and
Tekelec will provide service providers with
the most complete solution to manage their businesses across customer
engagement, business and network operations, service delivery and end
-- "In an increasingly mobile and social world, customer experience is
about optimizing network performance and personalizing services based
on what engages, moves, and inspires people," said Ron de Lange,
President and CEO, Tekelec. "Together with Oracle, we expect to
accelerate the pace of service innovation by helping service providers
transform the way they manage and monetize the explosive growth in
signaling and data traffic on their networks."
-- About Oracle and Tekelec
-- General Presentation
-- Customer and Partner Letter
Oracle engineers hardware and software to work together
in the cloud and in your data center. For more information about
Oracle (NASDAQ: ORCL), visit www.oracle.com.
Java are registered trademarks of Oracle and/or its affiliates. Other
names may be trademarks of their respective owners.
This document is for informational purposes only and may not be
incorporated into a contract or agreement.
Oracle is currently reviewing the existing Tekelec product roadmap
and will be providing guidance to customers in accordance with
Oracle's standard product communication policies. Any resulting
features and timing of release of such features as determined by
Oracle's review of Tekelec's product roadmap are at the sole
discretion of Oracle. All product roadmap information, whether
communicated by Tekelec or by Oracle, does not represent a commitment
to deliver any material, code, or functionality, and should not be
relied upon in making purchasing decisions. It is intended for
information purposes only, and may not be incorporated into any
Cautionary Statement Regarding Forward-Looking Statements
document contains certain forward-looking statements about Oracle and
Tekelec including statements that involve risks and uncertainties
concerning Oracle's proposed acquisition of Tekelec's, anticipated
customer benefits and general business outlook. When used in this
document, the words "anticipates," "can," "will," "look forward to,"
"expected," and similar expressions and any other statements that are
not historical facts are intended to identify those assertions as
forward-looking statements. Any such statement may be influenced by a
variety of factors, many of which are beyond the control of Oracle or
Tekelec that could cause actual outcomes and results to be materially
different from those projected, described, expressed or implied in
this document due to a number of risks and uncertainties. Potential
risks and uncertainties include, among others, the possibility that
the transaction will not close or that the closing may be delayed,
the anticipated synergies of the combined companies may not be
achieved after closing, the combined operations may not be
successfully integrated in a timely manner, if at all, general
economic conditions in regions in which either company does business
may deteriorate and/or Oracle or Tekelec may be adversely affected by
other economic, business, and/or competitive factors. Accordingly, no
assurances can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of them
do so, what impact they will have on the results of operations or
financial condition of Oracle or Tekelec. You are cautioned to not
place undue reliance on forward-looking statements, which speak only
as of the date of this document. Neither Oracle nor Tekelec is under
any duty to update any of the information in this document.
Oracle Corporate Communications
Oracle Investor Relations
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