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NASDAQ Top Percentage Gainer; Acme Packet (NASDAQ: APKT) Runs on Deal with Oracle (NASDAQ: ORCL)
Category: Investment
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Point Roberts, WA - February 4, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on the top percentage gainer on the NASDAQ for Monday morning trading. Acme Packet, Inc. (NasdaqGS: APKT) is trading at $29.29, gaining 5.36 or 22.40% as of 10:37AM EST on over 15 Million shares. The stock had a morning high of $29.67. following news of a deal with Oracle.
Oracle (NASDAQ: ORCL) announced that it has entered into an agreement to acquire Acme Packet (NASDAQ: APKT), the leading global provider of session border control technology for $29.25 per share or approximately $1.7 billion, net of Acme Packet's cash. Acme Packet enables the trusted, first-class delivery of next-generation voice, data and unified communications services and applications across IP networks. The company's solutions are deployed by more than 1,900 service providers and enterprises globally, including 89 of the world's top 100 communications companies.
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