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Oracle has acquired Portal Software, a leading global provider of billing and revenue management solutions for the communications and media industry.
Oracle currently supplies technology and applications to over 90% of communications companies worldwide, and 17 of the top 20 most profitable communications companies run Oracle Applications. Additionally, Oracle's Siebel Telecom applications have become the standard for telco call centers and customer care. Oracle 10g is the leading relational database and TimesTen is the most widely used in-memory database for the communications industry. Oracle Fusion Middleware is the fastest growing service delivery platform for next generation networks using network independent standards.
Portal offers the only billing and revenue management solution with a modern, object-oriented architecture built on Oracle that can bill and manage all communications services including wireline, wireless, broadband, cable, voice over IP, IPTV, music, and video. As communications, publishing, media, and entertainment services converge, Oracle can support companies with a proven offering for billing, customer interaction, and management of digital services and content. Together, we plan to deliver the first end-to-end packaged enterprise software suite for the communications and media industry.
For shareholder information, please visit our Investor Relations Web site.
Portal Software customers and partners: Please use your existing contacts for professional services and sales.