Oracle Corporation (ORCL) Acquires Acme Packet, Inc. (APKT) For $1.98BVW Staff
Oracle Corporation (NASDAQ:ORCL) has agreed to acquire Acme Packet, Inc. (NASDAQ:APKT), provider of session bordercontrol technology, for $29.95 a share, or $2.1 million in cash, or $1.7 billion net of Acme’s balance sheet cash, according to Reuters.
The $29.25 per share offer enfolds a 22 percent premium to Acme Packet's Friday close on . . .
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