Oracle to Buy Acme Packet

Oracle to Buy Acme Packet 
Adds Session Border Control Technology to Oracle's Leading
Communications Industry Offering to Speed the Deployment of All-IP
Networks 
BEDFORD, MA -- (Marketwire) -- 02/04/13 --  Acme Packet(R) (NASDAQ:
APKT) today announced that it has entered into an agreement to be
acquired by Oracle (NASDAQ: ORCL) for $29.25 per share in cash
representing a fully diluted equity value of $2.1 billion. Net of
cash this represents an enterprise value of $1.7 billion. 
The combination of Oracle and Acme Packet is expected to accelerate
the migration to all-IP networks by enabling secure and reliable
communications from any device, across any network. Users are
increasingly connected and expect to communicate anytime and anywhere
using their application, device, and network of choice. Oracle
Communications along with Acme Packet can help service providers and
enterprises meet these demanding requirements by delivering an
end-to-end portfolio of technologies that will support the
deployment, innovation and monetization of all-IP networks.  
The Board of Directors of Acme Packet has unanimously approved the
transaction. The transaction is expected to close in the first half
of 2013, subject to Acme Packet stockholder approval, certain
regulatory approvals and other customary closing conditions. 
"Acme Packet brings deep domain expertise and proven,
mission-critical solutions to enable all- IP networks," said Andy
Ory, Chief Executive Officer, Acme Packet. "Together with Oracle, we
expect to provide customers with purpose-built, innovative solutions
to accelerate the deployment of all-IP networks and help deliver a
superior experience across services, devices and networks." 
"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." 
"The communications industry is undergoing a dramatic shift as users
become more connected and dependent on mobile applications and
devices. Service providers and enterprises need a comprehensive
communications solution that will enable them to more effectively
engage with their customers," said Bhaskar Gorti, senior vice
president and general manager, Oracle Communications. "This
combination will enable secure and reliable delivery of real-time
interactive communications through the most comprehensive,
best-in-class communications portfolio in the industry." 
About Acme Packet 
 Acme Packet (NASDAQ: APKT), the leader in session
delivery network solutions, enables the trusted, first-class delivery
of next-generation voice, video, data and unified communications
services and applications across IP networks. Our Net-Net product
family fulfills demanding security, service assurance and regulatory
requirements in service provider, enterprise and contact center
networks. Based in Bedford, Massachusetts, Acme Packet designs and
manufactures its products primarily in the USA, selling them through
over 330 reseller partners worldwide. More than 1,925 customers in
109 countries have deployed over 21,000 Acme Packet systems,
including 89 of the top 100 service providers and 51 of the Fortune
100. For more information visit www.acmepacket.com. 
Use of Forward Looking Statements
 This document contains certain
forward-looking statements about Oracle and Acme Packet, including
statements that involve risks and uncertainties concerning Oracle's
proposed acquisition of Acme Packet, timing of the proposed merger,
anticipated customer benefits and general business outlook. When used
in this Current Report, the words "anticipates," "can," "will," "look
forward to," "expected," "intend," and similar expressions and any
other statements that are not historical facts are intended to
identify those assertions as forward-looking statements. Any such
statement may be influenced by a variety of factors, many of which
are beyond the control of Oracle or Acme Packet, that could cause
actual outcomes and results to be materially different from those
projected, described, expressed or implied in this Current Report due
to a number of risks and uncertainties. Potential risks and
uncertainties include, among others, the possibility that the
transaction will not close or that the closing may be delayed, any
perceived benefits of the transaction may not be achieved after
closing, the operations of Oracle, on the one hand, and Acme Packet,
on the other, may not be successfully integrated in a timely manner,
if at all, general economic conditions in regions in which either
company does business, and the possibility that Oracle or Acme Packet
may be adversely affected by other economic, business, and/or
competitive factors. Accordingly, no assurances can be given that any
of the events anticipated by the forward-looking statements will
transpire or occur, or if any of them do so, what impact they will
have on the results of operations or financial condition of Oracle or
Acme Packet. 
In addition, please refer to the documents that Oracle and Acme
Packet, respectively, file with the U.S. Securities and Exchange
Commission (the "SEC") on Forms 10-K, 10-Q and 8-K. These filings
identify and address other important factors that could cause
Oracle's and Acme Packet's respective operational and other results
to differ materially from those contained in the forward-looking
statements set forth in this Current Report. You are cautioned to not
place undue reliance on forward-looking statements, which speak only
as of the date of this document. Neither Oracle nor Acme Packet is
under any duty to update any of the information in this document,
except as required by law. 
Participants in Solicitation 
 Oracle, Acme Packet and their
respective directors, executive officers and other members of their
management and employees, under SEC rules, may be deemed to be
participants in the solicitation of proxies of Acme Packet
stockholders in connection with the proposed merger. Investors and
security holders may obtain more detailed information regarding the
names, affiliations and interests of certain of Oracle's executive
officers and directors in the solicitation by reading the proxy
statement and other relevant materials filed with the SEC when they
become available. Information concerning the interests of Acme
Packet's participants in the solicitation, which may, in some cases,
be different than those of Acme Packet's stockholders generally, is
set forth in the materials filed with the SEC, including in Acme
Packet's Definitive Proxy Statement for its 2012 Annual Meeting, and
will be set forth in the proxy statement relating to the proposed
merger when it becomes available. 
Additional Information and Where to Find It 
 In connection with the
Merger, Acme Packet will file a proxy statement with the SEC.
Additionally, Acme Packet and Oracle will file other relevant
materials in connection with the proposed acquisition of Acme Packet
by Oracle pursuant to the terms of an Agreement and Plan of Merger by
and among Acme Packet, Oracle, OC Acquisition LLC, a wholly owned
subsidiary of Oracle, and Andes Acquisition Corporation, a wholly
owned subsidiary of OC Acquisition, LLC. The materials to be filed by
Acme Packet with the SEC may be obtain
ed free of charge at the SEC's
web site at www.sec.gov. Investors and security holders of Acme
Packet are urged to read the proxy statement and the other relevant
materials when they become available before making any voting or
investment decision with respect to the proposed merger because they
will contain important information about the merger and the parties
to the merger. 
Investor Relations Contact: 
Brian Norris 
Acme Packet
+1.781.328.4790
bnorris@acmepacket.com 
Media and Analyst Contact: 
Mike O'Malley
Acme Packet
+1.781.869.2975
momalley@acmepacket.com 
 
 
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