{"id":5685,"date":"2013-02-05T12:00:00","date_gmt":"2013-02-05T12:00:00","guid":{"rendered":"http:\/\/cloudcomputing.sys-con.com\/node\/2530173"},"modified":"2013-02-05T12:00:00","modified_gmt":"2013-02-05T12:00:00","slug":"oracle-to-buy-networking-firm","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/oracle-to-buy-networking-firm\/","title":{"rendered":"Oracle to Buy Networking Firm"},"content":{"rendered":"<p>Oracle is going to buy Acme Packet, a Massachusetts networking gear player that sells secure IP video conferencing, data and voice calling to SPs and the enterprise.<br \/>\nAcme is a company, described as a \u201cone of Boston\u2019s recent success stories,\u201d as well as a rival of Cisco and Juniper, more likely to be acquired by Cisco than Oracle, that Oracle is picking up for $2.1 billion in cash or $29.25 a share, a 22% premium over Acme\u2019s Friday close.<br \/>\nOracle will wind paying $1.7 billion, net of Acme\u2019s roughly $363.4 million in the bank.<br \/>\nAcme reportedly has 1,900 service provider and enterprises customers worldwide including 89 of the world\u2019s top 100 communications companies. <\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2530173\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oracle is going to buy Acme Packet, a Massachusetts networking gear player that sells secure IP video conferencing, data and voice calling to SPs and the enterprise.<br \/>\nAcme is a company, described as a \u201cone of Boston\u2019s recent success stories,\u201d as &#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-5685","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/5685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=5685"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/5685\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=5685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=5685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=5685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}