MORRISVILLE, NC -- (Marketwire) -- 05/06/10 -- Tekelec (NASDAQ: TKLC), the session and mobile data management company, today announced agreements to acquire two companies enriching the broadband Internet experience: policy control leader Camiant and evolved subscriber data management (SDM) company Blueslice Networks. Tekelec also announced that the Blueslice Networks acquisition was completed on May 5. Tekelec will be the only player in the industry to uniquely blend and capture the synergies among session, policy, subscriber data management, network and business intelligence, and mobile messaging. With these acquisitions, Tekelec will help shape the definition of next-generation core networks as global service providers evolve to all-Internet protocol (IP) architectures such as long-term evolution (LTE) and IP multimedia subsystem (IMS).
Tekelec will provide a unique layer of intelligence that gives service providers new real-time abilities to manage their networks based on dynamic policy control, unified subscriber profiles, and market-leading session management, including network routing data.
These capabilities will enable service providers to deliver high-quality and differentiated broadband data services. For example, service providers will be able to lower network costs and generate new revenues through personalized services, applications and bandwidth optimization. In addition, network operations, marketing and customer service teams will be able to transition subscribers to next-generation networks, identify new service needs, improve the quality of service, and reduce churn.
Tekelec will discuss the acquisitions in its previously announced operating results conference call scheduled for today at 8 a.m. EDT. Tekelec will host a live webcast of its conference call; to access the webcast, visit Tekelec's website located at www.tekelec.com, enter the Investor Relations section and click on the webcast icon. A webcast replay will be available at approximately 11 a.m. EDT today, and for 90 days thereafter. A telephone replay of the call also will be available for one week after the live webcast by calling either 800.642.1687 or +1.706.645.9291 and entering the conference ID #67727325.
Tags / KeywordsTekelec, Camiant, Blueslice, core network, mobile data, session management, policy control, subscriber data management, PCRF, SDM, LTE, IMS, NGN, HSS, HLR
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Tekelec, the session and mobile data management company, enables billions of people and devices to surf, talk, and text. Our solutions allow service providers to dynamically manage network resources and services, while providing end users with a consistent and personalized customer experience. We handle the complexity of today's multi-generational and multi-vendor networks by enabling devices, protocols, services, and databases to securely and efficiently communicate with each other. Tekelec has more than 25 offices around the world serving more than 300 customers in more than 100 countries. For more information, please visit www.tekelec.com.
Certain statements made in this press release, including, without limitation, statements regarding the expected completion of the Camiant acquisition and the expected benefits to the Company from the Camiant and Blueslice Networks acquisitions, are forward-looking, reflect the Company's current intent, belief or expectations and involve certain risks and uncertainties. The Company's actual future performance may differ materially from such expectations as a result of important risk factors, which include, in addition to those identified in the Company's 2009 Form 10-K, 2010 First Quarter Form 10-Q and its other filings with the Securities and Exchange Commission, our ability to integrate the products, employees, operations and intellectual property of Tekelec, Camiant and Blueslice Networks, our ability to retain existing and attract new customers for Tekelec, Camiant and Blueslice Networks, the extent to which the market for independent control plane equipment and functionality grows, our ability to retain the employees of acquired companies, the current or further detrimental changes in general economic, social, or political conditions in the countries in which we operate including the impact of credit availability and currency fluctuations on overall capital spending by our customers, our ability to integrate and gain the benefits we expect from the acquisition of Blueslice Networks and the planned acquisition of Camiant announced today and our ability to close the acquisition of Camiant on a timely basis, the timeliness and functional competitiveness of our product releases, the risk of infringing and litigating with others regarding their intellectual property rights, the extent to which any customer outsourcing to our competitors or supplier consolidation increases the influence of competitors on our customers' purchases, our ability to compete with other manufacturers that have lower cost bases than ours and/or are partially supported by foreign governments or employ other unfair trade practices, our ability to protect intellectual property rights, our ability to maintain OEM, partner, reseller, and vendor support and supply relationships, and changes in the market price of the Company's common stock. The Company undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
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