WALTHAM, Mass. -- Netcracker Technology, a wholly owned subsidiary of NEC Corporation, announced today that it has completed the acquisition of CoralTree Systems, a leading provider of converged solutions for European service providers.

The acquisition includes CoralTree's technology solutions and highly skilled resources in systems integration, business operations support and other professional services. CoralTree’s solutions also include technology assets in video activation, BSS and OSS which complement Netcracker’s solution portfolio.

Netcracker has seen significant business growth and market momentum during the past 18 months due to its involvement in large-scale transformation projects that enable operators around the world to become digital service providers. The acquisition of CoralTree Systems will enable Netcracker to support this growth and further accelerate the delivery of similar strategic projects worldwide.

The acquisition of CoralTree Systems brings two key complementary assets to Netcracker: