Oracle has announced it is going ahead with the proposed acquisition of the Bellevue, Washington based software outfit GoAhead Software Inc.
According to Oracle, this new acquisition will increase the company’s services for network equipment providers.
The deal is expected to become official sometime towards the end of the year. Both Oracle and GoAhead refrained from disclosing the financial aspects associated with the deal though.
Both companies have clarified that GoAhead will be operating independently until all transactions involved in the deal are complete.
GoAhead is a provider of package service availability software for telecom companies. The company claims that its products have seen more than 100,000 deployments by networking equipment makers. Customers include Nortel, LG, Oki and Alcatel.
"The addition of GoAhead technology will help us deliver a comprehensive, standards-based, carrier-grade platform that supports the delivery of new services in the call path of the network," said vice president of Oracle communications industry solutions, Nigel Ball, according to this Wall Street Journal report.