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Oracle to Buy Acme Packet for Nearly $2 Billion

SmarTrend News
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February 04, 2013 AT 11:06 AM
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.