A sign is shown at the headquarters of Oracle Corporation in Redwood City, California February 2, 2010. Picture taken February 2, 2010. REUTERS/Robert Galbraith
Oracle to buy network gear maker Acme Packet for $1.9 billion
Posted : Monday, 04 February 2013 08:06AM
(Reuters) - Oracle Corp said it agreed to buy network gear maker Acme Packet Inc for about $1.9 billion.
The $29.25 per share offer is at a 22 percent premium to Acme Packet's Friday close on the Nasdaq.
(Reporting by Sayantani Ghosh in Bangalore; Editing by Sreejiraj Eluvangal)
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