Oracle Corp. agrees to buy Acme Packet for $2.1b

Acme Packet Inc., a Bedford company that makes equipment to accelerate voice, video, and data delivery across networks, said Monday that it has agreed to be acquried by technology giant Oracle Corp. for $29.25 per share in cash representing a fully diluted equity value of $2.1 billion.

Net of cash this represents an enterprise value of $1.7 billion, Acme Packet said in a press release.


Oracle’s offer represents a roughly 22 percent premium from Acme Packet’s previous closing price.

The combination of California-based 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.

In a statement, Acme Packet chief executive Andy Ory said, “Together with Oracle, we expect to provide customers with purpose-built, innovative solutions to accelerate the deployment of all-IP networks and help deliver a superior experience across services, devices, and networks.”

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of