Oracle to snap up network intelligence company Netsure

Oracle has agreed to acquire Netsure Telecom, a provider of network intelligence and network data integrity software.

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Oracle has agreed to acquire Netsure Telecom, a provider of network intelligence and network data integrity software.

The deal is expected to boost Oracle's ability to help networking and telecommunications customers improve their network utilisation, optimise capacity, financial modeling and streamline network life cycle management, the company said in a statement dated 2 September.

Oracle plans to add Netsure's products to its communications applications suite, it said.

Netsure, a private company based in Dublin, Ireland, makes software that helps ensure the smooth operation of existing and next-generation networks and services, Oracle said. The company counts Vodafone and Cable & Wireless as users of its software. Its main software is the Active Network Optimisation product suite.

Financial details of the transaction were not disclosed. Oracle expects the deal to be finalized later this month.

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