Oracle to buy network gear maker Acme Packet for $1.9 billion
Oracle Corp said it agreed to buy network gear maker Acme Packet Inc 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)