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Oracle to buy network gear maker Acme Packet for about $2 billion
2013-02-04 17:23:28| Telecom - Topix.net
Oracle Corp will buy network equipment maker Acme Packet Inc for $2.1 billion, putting it in a better position to compete with Cisco Systems Inc in moving data securely over internet networks.
Oracle to snap up Acme Packet in a deal worth up to $2.1B
2013-02-04 16:39:00| IT Services - Topix.net
Acme Packet Inc. has agreed to be bought by Oracle in a deal valued at $1.7 billion, the companies announced Monday morning.
Oracle Agrees to Buy Acme Packet for $2.1 Billion in Cash
2013-02-04 16:38:59| IT Services - Topix.net
Oracle Corp. , the second-largest maker of business applications, agreed to acquire Acme Packet Inc.
Oracle to buy Acme Packet for USD 1.7 bln
2013-02-04 15:37:00| Telecompaper Headlines
(Telecompaper) Oracle has agreed to buy SBC specialist Acme Packet for USD 1.7 billion. The company will pay USD 29.25 per share for Acme Packet, representing a fully diluted equity value of USD 2.1 billion. Net of Acme packet's cash, the price is USD 1.7 billion. Acme Packet's session border controls enable delivery of voice, data and unified communications services and applications over IP networks. The company's products are deployed by more than 1,900 service providers and enterprises globally, including 89 of the world's top 100 operators. Oracle said the takeover will boost its portfolio for communications providers looking to migrate to all-IP networks. The takeover is expected to close in the first half of 2013, subject to Acme Packet shareholder approval and regulatory clearance.
Oracle to buy Acme Packet for about $2.1B
2013-02-04 15:23:39| Telecom - Topix.net
The software giant is bolstering the communications package it can offer to customers with the acquisition.