PLANO, Texas—MetaSolv Inc. announced it will purchase for $35 million in cash portions of Nortel Networks’ service commerce operation support system business.
The transaction includes software assets of Architel Systems, which Nortel acquired in 2000, and certain other assets of Nortel’s service management and business management OSS groups.
“Acquiring these Nortel Networks OSS assets gives us the additional products, expanded global customer base and the market reach to immediately position MetaSolv as the world’s definitive OSS industry leader for planning and delivering IP, data and wireless services,” said Jim Janicki, chief executive officer.
