**Editor's Note: Please click here for a recap of the biggest M&A in Q4 2012 in the service-provider and BSS/OSS spaces.**
Session border-control technology provider Acme Packet will soon be a part of Oracle.
Oracle announced Monday an intent to buy Acme Packet for $1.7 billion. The deal, signed off on by both companies, is expected to close sometime in the first half of this year, assuming regulatory approvals and other closing conditions are met.
"The proposed acquisition of Acme Packet is another important piece in Oracle's overall strategy to deliver integrated best-in-class products that address critical customer requirements in key industries," said Oracle President Mark Hurd. "The addition of Acme Packet to Oracle's leading communications portfolio will enable service providers and enterprises to deliver innovative solutions that will change the way we interact, conduct commerce, deliver health care, secure our homes, and much more."
The deal is for $29.25 per share of Acme Packet stock. The company, whose solutions are deployed by more than 1,900 service providers and enterprises around the globe, enabled the delivery of next-generation voice, data and unified communications services and applications across IP networks.
Oracle says the team-up will accelerate the migration to all-IP networks by enabling secure and reliable communications from any device, across any network. Users are increasingly connected and expect to communicate anytime and anywhere using their application, device, and network of choice. Oracle Communications, along with Acme Packet, can help service providers and enterprises meet these demanding requirements by delivering an end-to-end portfolio of technologies that will support the deployment, innovation and monetization of all-IP networks, the companies said.
"Acme Packet brings deep domain expertise and proven, mission-critical solutions to enable all-IP networks," said Andy Ory, CEO, Acme Packet. "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 consistent experience across all services, devices and networks."
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