[September 3, 2003]
Neustar Acquires Assets Of NightFire
Neustar, Inc. announced the
acquisition of the assets of NightFire Software Inc., a provider of
standards-based service management solutions for the communications
industry. NeuStar absorbs NightFire's sales and customer support staff and
designates NightFire's Oakland facilities as its new operations support
systems (OSS) development center. The terms of the transaction were not
"The NightFire acquisition is one of many steps we are taking to
expand our Service Management Solutions line of business and to establish
our leadership position in the OSS market," said Jeffrey E. Ganek,
chairman and CEO of NeuStar. "Trends in the OSS market favor our
outsourced, transaction-based clearinghouse model. Carriers continue to
see service revenue margins decline while facing an ever increasing
capital and operational expenditure squeeze -- an unsustainable situation
putting added pressure on the health of the carrier's business."
"NightFire has an excellent technology platform tested by a
blue-chip customer base. By offering NeuStar's OSS clearinghouse services,
powered by NightFire, we provide our customers greater economies of scale
and more flexibility in launching new services," said John S. Malone,
senior vice president of Service Management Solutions. "Equally as
important, we welcome NightFire's founder, Venkates "Swami"
Swaminathan, as an integral part of our team." Swami is named Senior
Vice President and Chief Strategist for Service Management Solutions.
"While OSS expenditure is beginning to recover, many service
providers are reconsidering their OSS acquisition model and looking for
less capital intensive, lower cost capabilities, including outsourced,
transaction-based solutions," said Rob Rich, executive vice
president, Communications Infrastructure Strategies, the Yankee Group.
"Given NeuStar's established franchise in clearinghouse services and
deep industry expertise, the acquisition of NightFire broadens and
strengthens NeuStar's position in today's OSS market."
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