Oracle (NASDAQ:ORCL) has announced that ON Telecoms, a new communications service provider in Greece, has implemented Oracle(R) Communications Billing and Revenue Management to expedite its entry into the triple-play market. Oracle Communications Billing and Revenue Management provides ON Telecoms with a flexible, comprehensive billing application. The service provider implemented the solution swiftly, allowing it to deliver services quickly and win customers. (more…)

MetaSolv, Inc. (NASDAQ: MSLV), a global leader in service fulfillment operations support system (OSS) solutions for next-generation communications service providers, has announced that Oracle Corporation (NASDAQ: ORCL) has agreed to acquire MetaSolv through a cash merger for $4.10 per share, or approximately $219.2 million. The agreement is subject to stockholder and regulatory approval and is expected to close in late 2006 or early 2007. (more…)

Portal Software, Inc. (Pink Sheets:PRSF), the premier provider of billing and Revenue Management solutions for the global communications and media markets, today announced preliminary, unaudited business results for its fiscal 2007 first quarter ended April 28, 2006. (more…)

Telarix, Inc., the leading provider of Interconnect Business Optimization (IBO) and settlement solutions for content providers, IP service providers and global fixed and mobile operators, today announced that iXTools will also be supported on Oracle Real Application Clusters 10g. Telarix now offers interconnect solutions designed to support a variety of hardware architectures and database systems.

Telarix’s iXTools(TM) is a powerful suite of software modules that enables carriers to reduce costs and increase profitability across their interconnect networks. By analyzing both revenue and cost information associated with telecom traffic in near real-time, carriers can optimize network routing and identify financial risks and opportunities while ensuring that every call is captured, rated and billed accurately. Three of the world’s five largest telecom providers depend on iXTools to optimize their interconnect business.

“Telarix is committed to addressing the interconnect challenges facing today’s carriers, regardless of their operating environment and database platform,” said Don Lynch, CEO of Telarix. “We are pleased to support Oracle and further extend the benefits of iXTools.”

Telarix recently introduced its next generation interconnect billing solution, iXBill. The innovative system ensures the entire interconnect billing process is fully tracked and captured, providing service providers an unprecedented view of their revenue streams while identifying critical financial trends. (more…)

Building on Oracle’s leadership in middleware and information management and the company’s experience in carrier-grade communications infrastructure, Oracle (NASDAQ: ORCL) today outlined its roadmap for a comprehensive, standards-based Service Delivery Platform (SDP) for the telecommunications industry. The new Oracle(R) SDP is being designed to enable communication service providers, network operators and system integrators to evolve current silo-based network investments into a service-oriented architecture (SOA) and shrink the time and cost to deploy new voice data and integrated multimedia services on existing and next-generation communication Internet Protocol (IP) networks. Enterprises are expected to be able to extend their communication infrastructures with the Oracle SDP, providing a strong foundation for new Voice-over-IP (VoIP), mobile, and real-time applications. (more…)

Oracle (NASDAQ: ORCL) today announced that it will acquire Portal Software, Inc. (OTC BB: PRSF.PK), a leading global provider of billing and revenue management solutions for the communications and media industry, through a cash tender offer for $4.90 per share, or approximately $220 million.

“The combination of Oracle and Portal delivers the first end-to-end packaged enterprise software suite for the communications industry,” said Oracle’s President Charles Phillips. “We supply technology and applications to over 90% of communications companies worldwide today, and billing is a logical and complementary addition for those customers.”

Oracle has had a long commitment to the communications industry. 17 of the top 20 most profitable communications companies run Oracle applications. Additionally Oracle’s Siebel Telecom applications have become the standard for telco call centers and customer care. Oracle Database 10g is the leading relational database and TimesTen is the most widely used in-memory database for the communications industry. Oracle Fusion Middleware is the fastest growing service delivery platform for next generation networks using network independent standards. (more…)