Oracle Acquires MetaSolv

Oracle Corporation has agreed to acquire MetaSolv through a cash merger for $4.10 per share

October 23, 2006

1 Min Read

PLANO, Texas -- MetaSolv, Inc. (NASDAQ: MSLV), a global leader in service fulfillment operations support system (OSS) solutions for next-generation communications service providers, today announced that Oracle Corporation (NASDAQ: ORCL) has agreed to acquire MetaSolv through a cash merger for $4.10 per share, or approximately $219.2 million. The agreement is subject to stockholder and regulatory approval and is expected to close in late 2006 or early 2007.

MetaSolv offers communications service providers a comprehensive product set for OSS service fulfillment – including provisioning, network inventory and activation. MetaSolv’s standards-based solutions support all types of services including next-generation IMS, VoIP, IPTV, IP VPN, broadband and mobile services, as well as traditional voice and data services.

“This is an exciting chapter in our business' evolution for MetaSolv customers, partners, stockholders, and employees, “said T. Curtis Holmes Jr., MetaSolv’s President and Chief Executive Officer. “The natural synergies between Oracle’s and MetaSolv’s premier product suites, coupled with Oracle’s extensive research and development capacity, will enable us to further enhance our products and ensure our customers’ continued success. We believe it will be a very beneficial business combination that will drive service delivery innovation and leadership in the industry.”

MetaSolv Software Inc. (Nasdaq: MSLV)

Oracle Corp. (Nasdaq: ORCL)

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