Oracle To Acquire GoAhead
Oracle this morning announced that it has acquired GoAhead Software, which sells packaged service availability software to network equipment providers (NEPs) and other players in the commmunications industry. Financial terms of the acquisition were not disclosed.
GoAhead, a privately-held company based in Bellevue, Washington, provides software that speeds the time to market of carrier-grade services that need to be always available at all times.
The company claims its software has seen over 100,000 deployments by NEPs to date.
Customers include Motorola, LG-Nortel, Alcatel and Oki.
The transaction is subject to customary closing conditions and is expected to close before the end of 2011. Until the deal closes, each company will continue to operate independently.
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Oracle Corporation
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September 22, 1977
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Oracle is an enterprise IT company with a specialty in database management systems.
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