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)
- Tweet this
- Share this
- Digg this
Micromax, which has become India's No. 2 smartphone brand just five years after selling its first handset - a $30 made-in-China model, is looking to go upmarket and overseas. Full Article
China official says has "substantial" price-fixing evidence against Qualcomm - media. Full Article