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Oracle continues acquisition trail with telco service broker

Oracle announced on Feb. 10 that it has agreed to buy Convergin, provider of a J2EE-based service broker for the telecommunications industry. Through this acquisition, Oracle said it hopes to offer a carrier-grade, standards-based IT platform that allows communications service providers to evolve their service delivery capabilities.

Oracle said the transaction is expected to close in the first half of 2010.

Just a few days before this news broke, Oracle announced that it is buying AmberPoint, a vendor of SOA management and governance tools. Most notably, Oracle’s game-changing acquisition of Sun Microsystems got European Union approval in January.

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