Business software and hardware systems company Oracle has agreed to acquire GoAhead Software, a company that offers package service availability software for the communications industry. Financial terms of the deal were not disclosed.
"The addition of GoAhead technology will help us deliver a comprehensive, standards-based, carrier-grade platform that supports the delivery of new services in the call path of the network," said Nigel Ball, vice-president, Oracle Communications Industry Solutions.
GoAhead, a privately held company based in Bellevue Washington, will continue to operate independently, as will Oracle, until the deal closes. The transaction is subject to customary closing conditions and is expected to close before the end of 2011.
“With over 100,000 deployments of GoAhead software by leading network equipment providers, GoAhead brings significant domain knowledge and engineering strength, coupled with a strong track record of delivering solutions to global network equipment providers,” said Asif Naseem, president and COO, GoAhead Software.