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Oracle(R) Buys Pre-Paid Software Assets From eServGlobal


//science-technology.news-articles.net/content/2 .. s-pre-paid-software-assets-from-eservglobal.html
Published in Science and Technology on Wednesday, May 26th 2010 at 1:00 GMT by Market Wire   Print publication without navigation


REDWOOD SHORES, CA--(Marketwire - May 26, 2010) - Oracle (NASDAQ: [ ORCL ])

News Facts

  • Oracle has agreed to acquire certain pre-paid assets of eServGlobal, a provider of advanced IT-based, pre-paid charging solutions for the communications industry.
  • eServGlobal's Universal Service Platform (USP) includes a pre-paid charging application, a network-services platform and a messaging gateway. The ChargingMax, NumberMax, uVOMS, MessageMax, PromoMax Express and Social Relationship Management software currently supports more than 25 tier-one customers including the world's largest IT-based installation of pre-paid services.
  • The combination of Oracle Communications Billing and Revenue Management and the USP applications is expected to accelerate the shift from network- to IT-based pre-paid systems by providing the first convergent, open IT-based platform from a leading business software and hardware systems company.
  • Customers are expected to benefit from traditional carrier-grade, pre-paid service authorization with IT-grade flexibility that supports any service or network, is easier to deploy and maintain and delivers an overall lower total cost of ownership.
  • The transaction is expected to close in the second half of this year.

Supporting Quote

  • "The majority of mobile phone users worldwide use pre-paid plans, and that number is growing exponentially. Oracle Communications applications combined with the pre-paid software assets from eServGlobal will provide our customers with highly available and scalable carrier-grade, pre-paid software on an open, convergent platform. This will enable our customers to deliver traditional pre-paid voice services and easily introduce hybrid pre-paid and post-paid plans with targeted pricing, promotions and service bundles that include voice, data and network services," said Liam Maxwell, vice president of products, Oracle Communications.

Supporting Resources

[ About Oracle and eServGlobal USP ]
[ General Presentation ]
[ FAQ ]

This document is for informational purposes only and may not be incorporated into a contract or agreement.

About Oracle

Oracle (NASDAQ: [ ORCL ]) provides the most complete, open, and integrated business software and hardware systems in the world. For more information about Oracle, visit [ oracle.com ]

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