Acquisition Further Strengthens NetCracker’s End-to-End Telecom Operations and Management Solution Footprint
WALTHAM, Mass. - Tuesday, September 20th 2011 [ME NewsWire]
(BUSINESS WIRE)-- NetCracker Technology announced today that it has reached an agreement with Subex Ltd. to acquire its activation and provisioning business in an asset sale.
NetCracker will acquire Subex’s NetProvision, NetOptimizer, and Vector products, and the associated business. NetProvision and NetOptimizer represent what was previously the Syndesis business covering the provisioning and activation domains.
These assets are complementary to NetCracker’s Telecom Operations and Management Solutions suite, and will further strengthen NetCracker’s Order-to-Activate capabilities.
Subex’s activation and provisioning business has been one of the market leaders in its segment. The scalability and high availability of the platform, combined with the diversity of network elements supported, underscore Subex’s strong track record of innovation and successful delivery. This acquisition pairs NetCracker’s breadth of offerings at the customer and service layer with strong network activation capabilities. As Tier 1 converged service providers deploy next-generation networks and services, the ability to rapidly activate and provision services becomes a critical success factor.
“Service providers are looking for strategic partners who can deliver the complete, end-to-end fulfillment stack,” said Andrew Feinberg, President and CEO of NetCracker Technology. “With a number of shared customers, proven technology, a near perfect product fit, and a talented team of industry experts, we expect this acquisition to fit seamlessly within our offerings and expand our ability to meet customer requirements.”
"The Industry has been moving towards a single, converged platform in the fulfillment and provisioning domain as opposed to standalone capabilities in Order Management, Activation, and Inventory Management,” said Ari Banerjee, Senior Analyst, Heavy Reading. “When combined with NetCracker’s focus at the service layer, these activation and provisioning assets will enable NetCracker to significantly accelerate the order-to-activate cycle for converged service providers.”
For more information about NetCracker products, solutions, and services, please visit www.NetCracker.com.
About NetCracker Technology
NetCracker Technology, a subsidiary of NEC Corporation, is the leading provider of Telecom Operations and Management Systems to Communications Service Providers worldwide. For additional information, please visit http://www.NetCracker.com.
NetCracker is a registered trademark of NetCracker Technology Corp. All other company or product names mentioned in this press release may be trademarks or registered trademarks of the respective companies with which they are associated.
About NEC Corporation
NEC Corporation is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of a diversified global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks. The NEC Group employs more than 140,000 people worldwide. For additional information, please visit the NEC website at: http://www.nec.com.
Contacts
SmartMark Communications for NetCracker
Juliet Shavit, +1-215-504-4272
jshavit@smartmarkusa.com
NetCracker Technology
Joanna Larivee, +1-781-419-3374
Joanna.Larivee@NetCracker.com
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