InternetOracle's Buying Spree Nets Netsure

Another day, another acquisition for Oracle as it bolsters its communications software portfolio.

Oracle (Quote) closed another significant acquisition over the Labor Day weekend, adding Netsure Telecom, an Irish network intelligence and data integrity software developer, to its ever-expanding, communications-software arsenal. Financial terms of the deal were not disclosed. Netsure becomes the latest addition to Oracle's Communications Global Business unit which develops communications-specific applications to service providers around the globe. "The addition of Netsure's products to Oracle's comprehensive communications applications suite is expected to help Oracle's customers improve network utilization, optimize capacity planning and financial modeling and streamline end-to-end network lifecycle management," said Bhaskar Gorti, Oracle senior vice president and general manager, in a prepared release. In its dogged and unrelenting quest to overtake SAP (Quote) as the world's largest business software provider, Oracle has invested heavily in the communications software segment in the past two years. In April 2006, it shelled out $220 million to snap up Portal Software. Oracle also picked up HotSip, MetaSolve Software, Net4Call and Telephony@Work in the past year and change, giving it what it calls an end-to-end packaged software suite tailored for the communications industry. "The Oracle acquisition spree continues with no sign of a slowdown," David Mitchell, senior vice president of research... [ Read more on www.internetnews.com ]

InternetThe iPhone Already Nets Best-Seller Status

Survey of July sales ranks the iPhone as the top selling smartphone in the U.S.

InternetNBC says shows will stay in iTunes (InfoWorld)

InfoWorld - Contract negotiations between Apple and NBC Universal regarding video content in iTunes are getting nastier and staying public.