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Oracle Buys Acme Packet

Redwood Shores, Calif. — Feb. 4

Oracle announced it has acquired Acme Packet, a provider of session border control technology, for $29.25 per share, or roughly $1.7 billion.

Acme Packet enables next-generation voice, data and unified communications services and applications across IP networks. The company’s services are deployed by more than 1,900 service providers and enterprises globally, including 89 of the world’s top 100 communications companies.

The combination of Oracle and Acme Packet is expected to accelerate the migration to all-IP networks by enabling secure and reliable communications from any device, across any network.

Oracle Communications, along with Acme Packet, can help service providers and enterprises meet these demanding requirements by aiming to deliver an end-to-end portfolio of technologies that will support the deployment, innovation and monetization of all-IP networks.

The transaction is expected to close in the first half of 2013, subject to Acme Packet stockholder approval, certain regulatory approvals and other customary closing conditions.

Source: Oracle

Article Keywords:   technology   HR  


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