Oracle has entered into an agreement to acquire Tekelec, a leading provider of network signaling.

Due to the rapid increase of smart devices, mobile applications, and connected services, the software maker believes now is the time to exploit the rise in network signaling and data traffic.

“As connected devices and applications become ubiquitous, intelligent network and service control technologies are required to enable service providers to efficiently deploy all-IP networks, and deliver and monetize innovative communication services,” says Bhaskar Gorti, senior vice president and general manager, Oracle.

“The combination of Oracle and Tekelec will provide service providers with the most complete solution to manage their businesses across customer engagement, business and network operations, service delivery and end user applications.”

Tekelec, who essentially make software to manage traffic on mobile networks, says the technology enables service providers to deliver, control and monetise personalised communications services, which is currently utilised by more than 300 service providers in over 100 countries.

“In an increasingly mobile and social world, customer experience is about optimizing network performance and personalizing services based on what engages, moves, and inspires people,” says Ron de Lange, president and CEO, Tekelec.

“Together with Oracle, we expect to accelerate the pace of service innovation by helping service providers transform the way they manage and monetize the explosive growth in signaling and data traffic on their networks.”

While Oracle, who reported disappointing financials last week, did not reveal the terms of the agreement, more information can be found be clicking here.

The company has also recently responded to regional customer demand for cloud based services, opening a second data center in Australia, as reported by TechDay in January.