Oracle (ORCL)

Oracle has agreed to acquire Convergin, a leading provider of real-time service brokering solutions. Convergin’s industry-leading J2EE-based Service Broker platform enables communications service providers (CSPs) to manage services for a wide range of networks and application platforms, including pre-paid charging. The solution allows CSPs to focus on launching innovative services while modernizing to next-generation networks.
Oracle believes the combination of Oracle and Convergin will accelerate new service innovation while reducing network complexity and cost.

Feb 11 · 10:40:00 AM · Source: Company Press Release
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by Larry Etter