Oracle Acquires MetaSolv
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.
MetaSolv offers communications service providers a comprehensive product set for OSS service fulfillment - including provisioning, network inventory and activation. MetaSolv’s standards-based solutions support all types of services including next-generation IMS, VoIP, IPTV, IP VPN, broadband and mobile services, as well as traditional voice and data services.
“This is an exciting chapter in our business’ evolution for MetaSolv customers, partners, stockholders, and employees, “said T. Curtis Holmes Jr., MetaSolv’s President and Chief Executive Officer. “The natural synergies between Oracle’s and MetaSolv’s premier product suites, coupled with Oracle’s extensive research and development capacity, will enable us to further enhance our products and ensure our customers’ continued success. We believe it will be a very beneficial business combination that will drive service delivery innovation and leadership in the industry.”
“By adding a leading OSS application suite, Oracle plans to offer a fully integrated, end-to-end productized solution that will help service providers streamline the €˜campaign to cash’ process, optimize asset lifecycles, and accelerate time-to-market of new products and services,” said Bhaskar Gorti, Oracle Senior Vice President and General Manager of the Communications Global Business Unit. “Conventional, customized solutions have proven inefficient, inflexible and costly. Oracle is putting service providers in control to simplify their infrastructure, deliver more services faster, and drive brand loyalty.”
After the closing of the transaction, MetaSolv’s employees will join Oracle’s Communications Global Business Unit. Raymond James & Associates, Inc. acted as financial advisor to MetaSolv, and Vinson & Elkins L.L.P. acted as MetaSolv’s legal counsel.
The proposed merger will be submitted to the Company’s stockholders for their consideration and the Company will file with the SEC a proxy statement to be used by the Company to solicit the approval of the proposed merger by its stockholders, as well as other relevant documents concerning the proposed merger. You are urged to read the proxy statement regarding the proposed merger when it becomes available and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information. You will be able to obtain a free copy of the proxy statement, as well as other filings containing information about the Company at the SEC’s Internet Site (http://www.sec.gov). Copies of the proxy statement can also be obtained without charge, by directing a request to: MetaSolv Investor Relations, 5556 Tennyson Parkway, Plano, Texas 75024, or by telephone (972) 403-8300.
The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of the Company in connection with the proposed merger. Additional information regarding the interests of those participants may be obtained by reading the Company’s definitive proxy statement dated April 10, 2006 in connection with the Company’s annual meeting of stockholders held on May 9, 2006 and by reading the proxy statement regarding the proposed merger when it becomes available.
About MetaSolv
MetaSolv, Inc. (Nasdaq: MSLV) is a global leader in comprehensive operations support system solutions for next-generation communications service providers. MetaSolv automates the order-to-activate provisioning process for traditional and next-generation IP-based wireline and mobile service providers. MetaSolv’s multi-service, multi-technology capabilities include order management, inventory management, service activation, configuration management and network mediation. More than 170 global service providers €“ including Brasil Telecom, BT, Cable & Wireless, O2, Singtel, Telstra, T-Mobile, UPC, Verizon Dominicana, and Vodafone €“ use MetaSolv’s solutions to achieve increased revenues, reduced costs, and enhanced customer service. MetaSolv is a global company, headquartered in Plano, Texas. Visit www.metasolv.com for more information.
About Oracle
Oracle (NASDAQ: ORCL) is the world’s largest enterprise software company. For more information about Oracle visit Oracle’s Web site at http://www.oracle.com.
Related Articles:
- Innova Selects Oracle Communications Applications Innova S de RL de CV has selected Oracle® Communications Applications to accelerate Time to Market, enable Convergence, and strengthen their competitiveness in the market. Innova S de RL de CV is a direct to home (DTH) satellite television provider serving approximately 1.8 million subscribers in Mexico, Central America and the Dominican Republic under the [...]...
- Oracle Reports Recent Sales Oracle (NASDAQ: ORCL) is reporting that more than 140 communications service providers worldwide have selected or extended their contracts with them in the last fiscal year, June 2008 through May 2009. Several of the latest contracts and contact extensions include: – Companhia de Telecommunicacoes do Brasil Central (CTBC Telecom) extended licenses for Oracle Communications Service Fulfillment Suite [...]...
- Cellular South Selects Oracle Communications Applications Cellular South has selected Oracle’s integrated applications to support its order-to-cash business process – from service creation and deployment through revenue recognition. The applications will help the Mississippi-based wireless provider reduce cost and risk, while accelerating time to market and improving customer satisfaction. Cellular South, the nation’s largest privately owned wireless provider, selected [...]...
- Amdocs Acquires jNetX Amdocs (NYSE: DOX), the leading provider of customer experience systems, has acquired jNetX, a privately-held service delivery platform (SDP) provider, for $50 million net of debt and cash, subject to post closing adjustments. This acquisition accelerates Amdocs’ position in the SDP market by combining jNetX’s industry leading offering with Amdocs’ existing customer experience solutions and [...]...
- Comarch Management Platform for Next Generation Optical Networks At the Eleventh International Conference on Transparent Optical Networks (ICTON 2009), Comarch, a global telecommunications solutions provider, will present “A Management Platform for Next Generation Optical Networks”. The ICTON 2009 conference is being organized by the National Institute of Telecommunications in Warsaw, Poland with the University of Aveiro, Portugal and IEEE. As the ICTON conference [...]...
- Volubill Explores Net Neutrality Potential Impact Volubill, the leading provider of charging and policy, will participate in Light Reading LIVE’s Policy, DPI & Net Neutrality Panel Debate at CTIA Wireless 2010, scheduled for Wednesday March 24, 2010 at the Las Vegas Convention Center. Volubill CEO John Aalbers will be joined by other executives from around the communications industry as they [...]...
- Polystar Certifies its Solution towards GSMA Roaming Quality Framework Polystar OSIX, a supplier of OSS/BSS solutions, has become self-certified as a Global Roaming Quality (GRQ) Monitoring Provider under an initiative developed by GSMA, the global trade association for the mobile communications industry. The Global Roaming Quality initiative provides a new framework for improving end-to-end roaming service quality and a mobile user’s experience through the monitoring [...]...
- Matrix Telecom Launches SETU VFXTH- Multi-Port VoIP-FXO-FXS Gateway SETU VFXTH- the multi-channel SIP based gateway offering seamless connectivity between VoIP and POTS networks through FXO and FXS ports. It offers universal and transparent call routing irrespective to type of ports – VoIP-FXO, VoIP-FXS and FXO-FXS. Its superior call and signal processing capabilities ensures unrestricted flow of multiple calls with higher speed and better [...]...










