Monday, February 4, 2013

Oracle to Acquire Acme Packet for Session Border Control

Oracle agreed to acquire Acme Packet, a leading supplier of session border controllers, for $29.25 per share in cash, representing an enterprise value of $1.7 billion net of cash.

Acme Packet supplies session delivery solutions to both carriers and enterprises
Oracle said it would make Acme Packet a core offering in its Oracle Communications portfolio to enable customers to more rapidly innovate while simplifying their IT and network infrastructures.

“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 healthcare, secure our homes, and much more.”

Separately, Acme Packet reported Q4 revenue of $70.7 million, compared to $83.0 million in the fourth quarter of 2011 and $65.3 million in the third quarter of 2012. GAAP net loss for the fourth quarter of 2012 was $2.0 million, or $(0.03) per share, compared to GAAP net income of $8.7 million, or $0.12 per share, in the fourth quarter of 2011 and GAAP net loss of $5.5 million, or $(0.08) per share, in the third quarter of 2012.

  • In 2010, Oracle acquired Convergin, an Israeli start-up specializing in real-time service brokering solutions. Financial terms were not disclosed.Convergin offers a J2EE-based Service Broker platform that enables communications service providers (CSPs) to manage services for a wide range of networks and application platforms, including pre-paid charging.

    The solution can be used for migrating pre-paid voice from IN- to IP-based networks. Convergin provides the mediation of wide range of protocols, enabling the orchestration and blending of services and capabilities across networks and application domains. Oracle said the combination of its service environment with Convergin's Service Broker provides a single carrier-grade, standards-based IT platform for CSPs.

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