Oracle to acquire Hot Sip
(DMEurope Via Thomson Dialog NewsEdge)DMEUROPE-17 February 2006-Oracle to acquire Hot Sip (C)2006 DMeurope.com (http://www.dmeurope.com) & DME Ltd. All rights reserved.
US enterprise software company Oracle announced that it has entered into an agreement to acquire Hot Sip of Sweden. Hot Sip is a provider of telecoms infrastructure software and session initiation protocol (SIP) enabled applications for IP telephony, presence, messaging and conferencing on converged networks.
'The addition of Hot Sip's technology will allow Oracle to build on its leadership in middleware and in carrier-grade communications infrastructures,' said Thomas Kurian, senior vice president, Oracle Server Technologies.
Terms of the pending transaction were not disclosed.
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