Oracle Acquires eServGlobal Assets for Prepaid Communications
Oracle announced an agreement with eServGlobal May 26 to acquire the latter's Universal Service Platform, which includes a prepaid charging application, network-services platform and messaging gateway. Prepaid mobile customers represent a rapidly growing segment for the communications industry, particularly in developing countries. The announcement suggests that Oracle's strategic endeavors, which include both acquisitions and the launch of platforms such as Oracle Enterprise Manager 11g, continue to move at a healthy speed.Oracle is looking to buy certain assets of eServGlobal, which provides prepaid charging solutions for the communications industry. The deal, announced May 26 and expected to close in the second half of 2010, centers on eServGlobal's Universal Service Platform (USP), which includes a network-services platform and messaging gateway in addition to a prepaid charging application. Prepaid mobile customers represent a rapidly growing segment of the communications industry, particularly in developing countries. Along with all platform components and developer tools, USP-related assets transferred to Oracle will include ChargingMax, NumberMax, uVOMS, MessageMax, PromoMax Express, UMS and Social Relationship Management. The pairing of those applications with Oracle Communications Billing and Revenue Management is "expected to accelerate the shift from network- to IT-based prepaid systems by providing the first convergent, open IT-based platform from a leading business software and hardware systems company," according to a May 26 Oracle statement.
"The majority of mobile phone users worldwide use prepaid plans, and that number is growing exponentially," Liam Maxwell, vice president of products for Oracle Communications, wrote in a statement. "Oracle Communications applications combined with the prepaid software assets from eServGlobal will provide our customers with highly available and scalable carrier-grade, prepaid software in an open, convergent platform."