Wednesday, Oracle Corp. (ORCL) said it agreed to acquire Convergin, a leading provider of real-time service brokering solutions. Convergin's J2EE-based Service Broker platform enables communications service providers 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.
The financial details of the transaction were not disclosed and is expected to close the first half of 2010. Convergin products complement Oracle Communications' integrated product suite, including Oracle Communications Billing and Revenue Management, Oracle Communications Converged Application Server and Oracle Communications service fulfillment applications, noted the company.
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