Oracle announced on Feb. 10 that it has agreed to buy Convergin, provider of a J2EE-based service broker for the telecommunications industry. Through this acquisition, Oracle said it hopes to offer a carrier-grade, standards-based IT platform that allows communications service providers to evolve their service delivery capabilities.
By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.
Oracle said the transaction is expected to close in the first half of 2010.
Just a few days before this news broke, Oracle announced that it is buying AmberPoint, a vendor of SOA management and governance tools. Most notably, Oracle’s game-changing acquisition of Sun Microsystems got European Union approval in January.