Plano, Texas-based MetaSolv provides service fulfilment operations support systems software, which handles tasks such as provisioning, network inventory and activation for service providers in the communications and media industries.
The deal, which is based on an all cash offer of $4.10 per share, is expected to close by the end of this year or in early 2007, subject to stockholder and regulatory approvals. The offer represents a 24% premium over MetaSolv’s closing stock price prior to the announcement, of $3.32 per share.
OSS software aims to help address service providers’ needs to rapidly create and deliver new services or bundle existing ones. By combining OSS with Oracle’s applications and technology, Oracle aims to offer an integrated end to end product, as an alternative to the common custom systems, as well as its industry specific functionality.
The vendor most likely to feel the pressure when the deal is complete will be Amdocs, which has been integrating OSS capabilities with operational functions such as CRM.
The announcement came hours after president Charles Phillip’s keynote speech where he reiterated Oracle’s commitment to further acquisitions as an important means of the company gaining industry specific applications and expertise.
