Announced

Oracle to acquire Federos.

Synopsis

Oracle agreed to acquire Federos, a software developer. Financial terms were not disclosed. "The acquisition extends Oracle Communications’ application portfolio by adding AI-optimized assurance, analytics, and automation solutions to manage the availability and performance of critical networks and systems. This expands Oracle’s ability to deliver end-to-end network and service assurance, enabling communication service providers and enterprises to increase operational efficiency while significantly lowering costs and reducing customer churn," Jason Rutherford, Oracle Senior Vice President and General Manager.

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