Business software maker Oracle Corp. (ORCL) Thursday said it has signed an agreement to acquire TOA Technologies, a provider of cloud-based field service solutions that manage and optimize the last mile of customer service for enterprises by coordinating activities between dispatchers, mobile employees and their customers.
TOA's Field Service SaaS enables modern enterprises to continuously monitor real-time field service requests coming in from contact centers. It enables them to schedule the right field service representative to dispatch, and to use sophisticated business analytics to monitor and view current inventories, accurately predict service windows, and optimize field service operations.
TOA's solutions manage over 120 million service events annually in more than 20 countries and include global brands across many industries such as DISH Network, E.ON, Home Depot, Ricoh, Telefonica, Virgin Media and Vodafone.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.