Posts tagged “Tekelec”
Will Oracle gut Tekelec and slash jobs? Signs indicate 'No'
As is the case with any merger and acquisition, jobs are likely to be lost due to overlap among the joined companies or the need to cut costs or cutting product lines - or a mix of all three. But major job reductions apparently aren't coming at Tekelec, analysts were led to believe in a talk with Oracle.
Analysts: With estimated $1B Tekelec buy, Oracle becomes big telecom player
Inside the Oracle-Tekelec deal: Oracle, best known as a database giant, is moving into telecommunications through its buy of Tekelec and an earlier announced deal for Acme Packet. International analysis firm Ovum says Oracle sees opportunities to help telecom providers better monetize their networks and cites SAS as a potential competitor.
Tekelec not talking; Street cool to Oracle's buy so far
Inside the Oracle-Tekelec deal: More turmoil for Morrisville work force or opportunities for growth in a larger venture? Does Wall Street like the deal? So far, not really.
Tekelec stays mum about acquisition by Oracle
Oracle is acquiring privately held Tekelec, a global provider of network signalling and other services. Tekelec management and employees are "expected" to join Oracle's Communications Global Business Unit, Tekelec just went private in 2012 in a deal worth $780 million.
Wireless customers will pay more if services are personalized: Study
Choices in both price and service offerings are the top priorities for telecommunications consumers - who will pay more if they can get more personalized services, according to a new report from Signals Research Group.
Tekelec CEO, McHenry Software exec invest in NHL Hurricanes
Tekelec's Ron de Lange and Brian McHenry, co-founder of Cary-based McHenry Software, are among new investors in the Carolina Hurricanes.
T-Mobile picks Tekelec gear as part of 4G upgrade
Tekelec will provide diameter signaling routers to T-Mobile as the wireless provider upgrades its network to LTE technology.
Tekelec sells its mobile messaging business
NewNet Communications acquires Tekelec's mobile messaging solution basis, which operates out of the Netherlands.
Ubuntu 'spanks' Red Hat; Lenovo first with Windows 8?; Cisco's software play; iPad may boost Tekelec; Nortel patents' new owners
Inside the Bulldog blog: Ubuntu's founder says his Linux is beating Red Hat; Lenovo reportedly wants first Windows 8 tablet; Cisco's CEO wants more software; iPad demand may help Tekelec's signaling business; "Rock Star" consortium gets OK to license former Nortel patents.
Tekelec emerging as leader in new mobile data technology
In its first major contract announced since the telecommunications gear and software company was taken private, Tekelec plants a big flag in an emerging communications market called Diameter Routing. Tekelec announces five more deals on Monday.
Shareholders approve $780 million Tekelec takeover
"Golden parachute" deals are approved, too, but face more resistance. The telecommunications gear and software firm is being bought by private equity firm Siris Capital and partners.
Three top Tekelec execs due $7.2 million in 'golden parachutes'
In an SEC filing, the Morrisville-based telecommunications gear and software firm says its CEO, general counsel and CFO will be compensated $1.6 million or more each if the $780 million of the acquisition by Siris Capital and its partners is approved.
Triangle poised for growth in high-tech, report says
A national real estate consulting firm's analysis puts the Raleigh-Durham solidly among areas to benefit from growth in high-tech services.
Stampede sends Tekelec shares past $780M buyout value
Private equity firm Siris Capital Group and some additional partners have agreed to pay $11 a share for the Morrisville-based telecommunications company. But a buying frenzy sends stock as high as $11.49.
Copy of Tekelec shares soar above $780M buyout price
Telecommunications gear and software firm Tekelec, which is based in Morrisville, is being acquired by a private equity firm in a deal valued at some $780 million. The deal was announced early Monday.
Tekelec: Company will stay based in NC; other changes are coming
In a filing with the SEC, Tekelec spells out to its employees the changes that are coming as the company goes private in a $780 million deal with Siris, a private equity firm. While the management team will remain in place, a reorganization and layoffs announced in May will continue, the company says.
Tekelec shares soar above $780M buyout price
Telecommunications gear and software firm Tekelec, which is based in Morrisville, is being acquired by a private equity firm in a deal valued at some $780 million. The deal was announced early Monday.
$780 million sale caps a tumultuous year for Tekelec
The company's shares plummeted in value from a 52-week high of $13.98 to a low of $5.64 as its revenues declined, its chief executive officer left and its work force was cut 15 percent.

























