Neustar, Inc. (NYSE: NSR) has closed its acquisition of assets from Evolving Systems‘ numbering solutions business for approximately $39 million in cash. Neustar will incorporate the business into its carrier services operating segment.
Neustar said the acquisition will allow the company to offer operators order management and inventory solutions through either a locally-deployed or hosted model. Neustar will gain new operational support systems solutions and expand its business and information analytics portfolio.
It will help customers better manage transitions to IP networks, reduce network complexity and increase their ability to deliver advanced services, the company added.
“The proliferation of network-connected devices provides consumers with valuable services, but also significantly increases the complexity in operators’ networks, ” said Neustar President and CEO Lisa Hook. “Neustar’s aim is to provide solutions that help operators simplify their OSS architectures by offering increased network and service intelligence. The addition of the Evolving Systems numbering solutions business to our carrier services portfolio enables Neustar to further streamline network management and improve the quality of services offered in an IP world.”