News

Oracle Buys Acme Packet

Oracle today announced that it has entered into an agreement to acquire Acme Packet (NASDAQ: APKT), the leading global provider of session border control technology for $29.25 per share or approximately $1.7 billion, net of Acme Packet’s cash. Acme Packet enables the trusted, first-class delivery of next-generation voice, data and unified communications services and applications across IP networks. The company’s solutions are deployed by more than 1,900 service providers and enterprises globally, including 89 of the world’s top 100 communications companies.

“The proposed acquisition of Acme Packet is another important piece in Oracle’s overall strategy to deliver integrated best-in-class products that address critical customer requirements in key industries,” said Oracle President Mark Hurd. “The addition of Acme Packet to Oracle’s leading communications portfolio will enable service providers and enterprises to deliver innovative solutions that will change the way we interact, conduct commerce, deliver healthcare, secure our homes, and much more.”

The combination of Oracle and Acme Packet is expected to accelerate the migration to all-IP networks by enabling secure and reliable communications from any device, across any network. Users are increasingly connected and expect to communicate anytime and anywhere using their application, device, and network of choice. Oracle Communications along with Acme Packet can help service providers and enterprises meet these demanding requirements by delivering an end-to-end portfolio of technologies that will support the deployment, innovation and monetization of all-IP networks.

Saudi telecom market sees transformation

nternational Data Corporation (IDC), the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets, recently unveiled its top 10 predictions for the Saudi Arabian telecommunications space in 2013, revealing that the market is set to continue evolving following the considerable developments witnessed in 2012.

Drawing on its continuous market-tracking activities and extensive interactions with key industry stakeholders, IDC believes the transformation that has been seen in operators' service models will continue, with the focus shifting from customer acquisition to retention and the enhancement of customer value.

"Operators in Saudi Arabia are expected to follow two main themes, innovation and diversification, resulting in a transformation of the demand for, and the delivery of, communications services.

The greatest opportunity for Saudi operators, which also represents one of their foremost challenges, will be the development of a business strategy that effectively harnesses mobile data as a revenue mainstay," Paul Black, director of telecommunications at IDC Middle East, Africa, and Turkey, said recently.

On the business services side, strong economic growth (which is forecast to persist over the short term), backed by high global demand and stable oil and gas prices, will continue to accentuate the business potential.

Oracle Posts Flat 3rd-Quarter Profits to 2.5 Billion

Oracle Corp. (ORCL) posted flat fiscal third-quarter earnings as the technology company's hardware revenue continued to weaken and license revenue slipped, though overall software revenue improved.

Shares sank 6.6% to $33.42 after hours as revenue fell short of the company's expectations.

Oracle makes databases and other software that businesses use for a range of tasks including balancing the general ledger and tracking inventory.

Strength in Oracle's traditional software business has helped offset recent revenue declines in its hardware segment. Oracle entered the hardware business through its $7.5 billion acquisition of Sun Microsystems in 2010 and has said it expects the hardware business to start to grow by the end of the fiscal year. Oracle has noted weakness in hardware revenue is the result of turning the business away from commodity servers and storage gear to engineered systems built around its Exadata and Exalogic database machines.

The company is aggressively expanding its Fusion cloud-applications business and has further grown its cloud business through a string of acquisitions. Oracle has also been steadily expanding its presence in the networking sector, last month unveiling plans to buy telecommunications gear maker Acme Packet Inc. (APKT) in a deal valued at $1.7 billion.

Request on site demo

Prosol is welling to present its solution across the Middle East and North Africa, All you need to do is to fill the below form or to contact us through our numbers, Our per-sales are highly qualified to respond to all your questions and demands.

About Prosol

ProSolProSol is a local Middle Eastern Oracle partner that has been working in Saudi Arabia mainly and in the rest of the MENA for more than 5 years, we are proud that our clients are mainly investing with us for their growing needs, The company has proven itself as a leader in delivering to qualified local consultants in all the business areas.

Our company believes in investing in its own resources with continuous training and business cases where our main value is delivered to our clients directly into their business processes.

oracle

Contact Us

For any further information about our products and solutions please don't hesitate to contact us directly on the below contact information.

+966 1 276 8765

 

+966 1 229 8765

 

This email address is being protected from spambots. You need JavaScript enabled to view it.