Oracle to buy network gear maker Acme Packet for $1.9 billion
REUTERS - Oracle Corp ORCL.O said it agreed to buy network gear maker Acme Packet Inc APKT.O 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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