Oracle to buy network intelligence company Netsure

Oracle to buy network intelligence company Netsure

Deal to provide boost for networking and telecommunications customers

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 modelling and streamline network life cycle management, the company said in a statement.

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

Netsure, a private company based in Ireland, makes software that helped ensure the smooth operation of existing and next-generation networks and services, Oracle said. The company counted Vodafone Group 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 finalised later this month.

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