Oracle Buys Pre-Paid Software Assets from eServGlobal

Oracle has acquired certain pre-paid assets of eServGlobal. eServGlobal's Universal Service Platform (USP) applications provide proven and scalable pre-paid charging, voucher management and recharge applications for the communications industry. Oracle also acquired eServGlobal's USP network services platform and messaging gateway.

The combination of Oracle Communications Billing and Revenue Management and eServGlobal's USP software is expected to deliver the first convergent pre-paid and post-paid charging and billing application offered by a leading business software and hardware systems vendor. After the close, Oracle is expected to provide customers with carrier-grade pre-paid software that offers customers high availability and scalability, on an open convergent platform.