Oracle acquires Acme Packet for $29.25 per share in cash Acme Packet (APKT) announced that it has entered into an agreement to be acquired by Oracle (ORCL) for $29.25 per share in cash representing a fully diluted equity value of $2.1B. Net of cash the deal represents an enterprise value of $1.7B. 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, the company said. The board 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.