Having rocked the OSS sector with its recent acquisition of inventory system specialist Granite Systems Inc., Telcordia Technologies Inc.'s M&A strategy is now the subject of intense speculation (see Telcordia Shells Out at Last and Nice GOSSip).

CEO Matt Desch has stated on numerous occasions that Telcordia must grow both organically and through acquisitions to break into new markets, and has promised further deals. Granite was the first major acquisition made using the significant financial muscle of Telcordia's parent company Science Applications International Corp. (SAIC) , adding to a technology deal struck late last year (see Telcordia Dabbles With Dax).

So where might Desch look next? Officially, Telcordia's keeping schtum, in accordance with its stated policy to refuse media requests from Light Reading Inc. and its affiliated sites. But a source close to Telcordia and SAIC says the prime targets are those with standing relationships, particularly financial, with the OSS firm.

Get the full details at Boardwatch.

— Ray Le Maistre, International Editor, Boardwatch