Convergin
Service Capability Interaction Management Telco Network Solutions
Company Overview
Snapshot
Founded in January 2000 by Ayal Itzkovitz, Convergin operated with 11–50 employees. The company raised $13.3 million across two funding rounds before being acquired by Oracle in February 2010.
Business overview
Convergin developed solutions for telecommunications network management, focusing on Service Capability Interaction Management. The company's Wireless Convergence Server facilitated Fixed Mobile Convergence (FMC) and accelerated network evolution to IMS, enabling seamless orchestration of mobile, legacy, and next-generation core network elements. Convergin served wireless and wireline service providers globally, expanding their capabilities in various network domains. The company operated within the Business Software sector, specifically in IT & Network Management and Software Development Tools.
Log in to access full profile ›Company Intelligence Q&A
- When was Convergin acquired?
- Convergin was acquired by Oracle in February 2010.
- What was the estimated acquisition price for Convergin?
- Oracle acquired Convergin for an estimated price of $80-90 million, as reported in February 2010.
- Which investor participated in Convergin's funding rounds?
- In November 2008, Convergin secured a $10 million investment from Pitango VC.
- What type of solutions did Convergin provide?
- Convergin provided service broker and service capability interaction management telecommunications network solutions, including a Wireless Convergence Server to facilitate Fixed Mobile Convergence (FMC) and accelerate network evolution to IMS.