eServGlobal's Universal Service Platform Acquired by Oracle

Pre-paid mobile customers represent a rapidly growing segment for the communications industry, particularly in developing countries. Oracle is looking to buy certain assets of eServGlobal, which provides pre-paid charging solutions for the communications industry.

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 announced an agreement with eServGlobal May 26 to acquire the latter's Universal Service Platform, which includes a pre-paid charging application, network-services platform and messaging gateway.

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 pre-paid charging application. Pre-paid mobile customers represent a rapidly growing segment of the communications industry, particularly in developing countries.

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