Oracle to buy Acme Packet for about $2.1B

UPDATED 13:19 PM EST, February 4, 2013

REDWOOD SHORES, Calif. (AP) — Oracle will buy Acme Packet Inc., which makes equipment for telecommunications companies, for about $2.1 billion.

Acme's gear is used by more than 1,900 service providers and enterprises around the world. Its technology will complement Oracle's offerings for telecoms providers, said Citigroup analyst Walter Pritchard.

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