Oracle
today announced that it has entered into an agreement to acquire Acme
Packet, a leading global provider of session border control technology
for USD 29.25 per share or approximately USD 1.7 billion, net of Acme
Packet’s cash. Acme Packet enables the trusted, first-class delivery of
next-generation voice, data and unified communications services and
applications across IP networks. The company’s solutions are deployed by
more than 1,900 service providers and enterprises globally, including
89 of the world’s top 100 communications companies.
“The
proposed acquisition of Acme Packet is another important piece in
Oracle’s overall strategy to deliver integrated best-in-class products
that address critical customer requirements in key industries,” said
Oracle President Mark Hurd. “The addition of Acme Packet to Oracle’s
leading communications portfolio will enable service providers and
enterprises to deliver innovative solutions that will change the way we
interact, conduct commerce, deliver healthcare, secure our homes, and
much more.”
Via[TecgGig]
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