[Reuters] Oracle to buy network gear maker Acme Packet for $1.7 billion

Posted by: UGN Security

[Reuters] Oracle to buy network gear maker Acme Packet for $1.7 billion - 02/04/13 12:07 PM

(Reuters) - Software maker Oracle Corp will buy Acme Packet Inc for $1.7 billion net of cash as billionaire CEO Larry Ellison expands into the networking equipment market long dominated by Cisco Systems Inc.