NEC to buy NetCracker for $300 million

Japanese vendor NEC already has enjoyed a pretty high profile worldwide as a network equipment vendor, but in the age of M&A-fed mega-vendors, that profile might have slipped a little. Now, NEC is looking to grow internationally, and has announced the $300 million acquisition of operations support system vendor NetCracker. The deal will help NEC build some scale, reach, partnerships and customers on the increasingly important software side of things, just as mega-vendors like Alcatel-Lucent, Nokia Siemens Networks and Ericsson are looking to do the same. The acquisition will also help NetCracker build a larger profile as the OSS market itself has become a playground for big M&A-fed companies like Oracle and Amdocs.

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- check out this coverage at Light Reading