Acme Packet

Last updated
Acme Packet, Inc.
Company type Subsidiary
Nasdaq: APKT
Industry Networking hardware
FoundedAugust 2000;24 years ago (2000-08)
Defunct2013 (2013)
FateAcquired and folded into Oracle Corporation
Headquarters,
United States
Key people
  • Andy Ory (CEO)
  • Patrick MeLampy (CTO)
Products Session Border Controllers, Multiservice Security Gateways, Session Routing Proxies
RevenueIncrease2.svg US$241 Million (FY 2010) [1]
Increase2.svg US$19.2 Million (FY 2009) [1]
Increase2.svg US$17.1 Million (FY 2009) [1]
Total assets Increase2.svg US$247 Million (FY 2009) [2]
Total equity Increase2.svg US$200 Million (FY 2009) [2]
Number of employees
761 (Q3 2012)
Parent Oracle Corporation
Website www.acmepacket.com

Acme Packet, Inc. [3] was a company based in Bedford, Massachusetts that sold session border controllers (SBCs), multi-service security gateways (MSGs), and session routing proxies (SRPs) to service providers and enterprises. A public company incorporated in Delaware, Acme Packet employs over 761 individuals in 31 countries.

In 2002, the Acme Packet Net-Net family of Session Aware Networking products won the SUPERQuest award for most promising IP/application services technology for public networks at SUPERCOMM 2002. [4]

On February 4, 2013, Oracle Corporation announced that it was to acquire Acme Packet for US$2.1 billion. [5] [6] [7] The deal closed in June 2013 and Acme Packet was folded into the Oracle Communications Global Business Unit.

References

  1. 1 2 3 Acme Packet (APKT) annual SEC income statement filing via Wikinvest
  2. 1 2 Acme Packet (APKT) annual SEC balance sheet filing via Wikinvest
  3. "Acme Packet, Inc. SEC". www.sec.gov. Retrieved 2024-08-04.
  4. "Acme Packet Net-Net Products Win SUPERQuest Award". Archived from the original on 2014-01-15.
  5. Ghosh, Sayantani (2013-02-04). "Oracle to buy network gear maker Acme Packet for about $2 billion". Reuters. Archived from the original on 2013-02-16. Retrieved 2013-02-04.
  6. "Oracle Buys Acme Packet" (Press release). Redwood Shores, California, USA: Oracle Corporation. 2013-02-04. Retrieved 2013-02-04.
  7. "Oracle to Buy Acme Packet" (Press release). Bedford, Massachusetts, USA: Acme Packet. 2013-02-04. Retrieved 2013-02-04.