PRZOOM - /newswire/ -
Redwood Shores, CA, United States, 2011/09/22 - Extends communications industry portfolio with service availability and management software (NASDAQ: ORCL) - Oracle.com. NYSE, NASDAQ: ORCL
Oracle today announced that it has entered into an agreement to acquire GoAhead Software, a pioneer in the development and delivery of packaged service availability software for the communications industry.
The combination is expected to benefit network equipment providers (NEPs) by providing a more comprehensive and integrated offering that delivers service availability across telecom solutions.
Service availability delivers the highest level of service up-time and is required for real-time network applications that are in the call path of communication services.
GoAhead, a privately held company based in Bellevue Washington, provides carrier-grade software that speeds the time to market and reduces the cost and risk of carrier-grade services that need to be always available.
The transaction is subject to customary closing conditions and is expected to close before the end of 2011. Until the deal closes, each company will continue to operate independently.
“NEPs are moving to a standardized software and hardware platform that can deliver and manage highly available services,” said Nigel Ball, Vice President, Oracle Communications Industry Solutions. “GoAhead software is the leading commercially-available solution that is compliant with Service Availability Forum specifications, the most widely adopted standard for service availability software. The addition of GoAhead technology will help us deliver a comprehensive, standards-based, carrier-grade platform that supports the delivery of new services in the call path of the network.”
“With over 100,000 deployments of GoAhead software by leading NEPs, GoAhead brings significant domain knowledge and engineering strength, coupled with a strong track record of delivering solutions to global network equipment providers,” said Asif Naseem, President and COO, GoAhead Software.
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Ken Bond, Oracle Investor Relations
P: +1.650.506.4073 / E: ken.bond[.]oracle.com.