March 25th, 2013

Oracle Buys Tekelec To Move Closer To Carriers And Their Overstretched Data Networks

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Oracle continues on its acquisition trail to build out a more full-service operation targeting the carrier market. Today it announced that it would acquire Tekelec, a provider of network signaling, policy control, and subscriber data management solutions. It says it plans to integrate Tekelec’s solutions into its Communications portfolio, and specifically with products from Acme Packet, a business… → Read More

November 7th, 2011

Investor Group Buys Mobile Broadband Solutions Company Tekelec For $780M

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Tekelec, a publicly-listed mobile broadband solutions provider, is to be acquired by an investor group in a transaction valued at approximately $780m (or $11 per share) in cash. The investor consortium making the buy is led by private equity firm Siris Capital Group and includes affiliates of The ComVest Group, funds and accounts managed by GSO Capital Partners Sankaty Advisors ZelnickMedia and… → Read More