TMCNet:  AME Info, Abu Dhabi, United Arab Emirates, technology briefs

[February 05, 2013]

AME Info, Abu Dhabi, United Arab Emirates, technology briefs

Feb 05, 2013 (AME Info - McClatchy-Tribune Information Services via COMTEX) -- ORACLE TO ACQUIRE ACME PACKET FOR $2.1BN: Oracle Corp is set to acquire network equipment maker Acme Packet Inc. for $2.1bn, as the company seeks a better position to compete with Cisco Systems in moving data securely over internet networks, Reuters has reported. The deal is Oracle's biggest since it bought Sun Microsystems in 2010 for about $7bn. The company bought nearly a dozen companies in 2012, including Eloqua Inc. for $810m in December.


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