Oracle software industry mergers and acquisitions again Telecom Billing System in the bag

According to foreign media reports, the world's second largest software company, Oracle Corp announced in April 11th, will cost $220 million acquisition of telecommunication billing software developers Portal software company. Oracle's acquisition of industry software expansion strategy once again take an important step.

Oracle Corp said that Portal software's billing and revenue management software will be an effective complement to Oracle's current software products. Charles Phillips, President of the company, said in a statement: "at present, Oracle for 90% of the communications industry companies to provide technology and application software. Billing system will give these customers a richer application software."

Media analysts believe that the industry is facing the application of the software is becoming a big acquisition of this new prey". Earlier, in the retail sector, Oracle beat SAP bought Retek, in the field of financial services, Oracle acquired the iFlex company in India.

According to reports, the Portal software company software products for the telecommunications industry, its biggest characteristic is can be unified charging different kinds of telecom services, including telephone, wireless communication, broadband, Internet telephony (VoIP) service.

Oracle said it will be based on the Portal software company's employees and technical forces, to build a communications industry business sector, the sector's business focus is billing systems and revenue management software