Acme Packet to be swallowed by Oracle

In the latest acquisition by serial acquirers Oracle Corp., the vendor announced Monday that it has entered into a US$1.7 billion agreement to acquire Acme Packet, a developer if Internet Protocol (IP) network controllers.

According to Oracle, it will leverage Acme’s session border control technology to develop products that would speed up deployment of all-IP networks.

As so-called rich calls that combine voice and data become increasingly popular, telcos and other organizations are moving towards the all-IP network system which merges all services into a single network. The technology dramatically reduces the cost of supplying a service and introducing new services. All-IP implementations can provide benefits for various industries including e-commerce, healthcare and finance.

“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,” said Mark Hurd, Oracle president.

CLICK TO READ MORE: Oracle to acquire Acme Packet

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Jeff Jedras
Jeff Jedras
A veteran technology and business journalist, Jeff Jedras began his career in technology journalism in the late 1990s, covering the booming (and later busting) Ottawa technology sector for Silicon Valley North and the Ottawa Business Journal, as well as everything from municipal politics to real estate. He later covered the technology scene in Vancouver before joining IT World Canada in Toronto in 2005, covering enterprise IT for ComputerWorld Canada. He would go on to cover the channel as an assistant editor with CDN. His writing has appeared in the Vancouver Sun, the Ottawa Citizen and a wide range of industry trade publications.

Related Tech News

Featured Tech Jobs


CDN in your inbox

CDN delivers a critical analysis of the competitive landscape detailing both the challenges and opportunities facing solution providers. CDN's email newsletter details the most important news and commentary from the channel.