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Oracle to Buy Acme Packet for Nearly $2 Billion

By Grab Media, a blinkx company

Oracle (NASDAQ:ORCL) looking to expand its hardware portfolio, announcing it will be buying Acme Packet for about $2 billion dollars. The offer is valued at $29.95 per Acme share, a 22 percent premium over its closing price on Friday.
Oracle to Buy Acme Packet for Nearly $2 Billion



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Related Keywords:NASDAQ:ORCL, Oracle, Acme Packet, acquisition, technology, FNNO, business, finance, trading, stock, market, analysis, news

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