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Telcordia was sold today for $1.3 billion.  Nice profit for SAIC, who acquired them in 1997 for $700 million.  Light Reading said:

Telcordia is on course for annual revenues of about $880 million, putting the vendor’s price tag at about 1.5 times revenues, in line with many acquisitions in the OSS market this year

There’s a fair amount of irony in that.  OSS is the one component that every operator lives and dies by.  However, it’s clearly not a market for innovation, so it gets a measly 1.5x multiple.

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