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ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today's Transactions:
Oracle Pays $1.7B for Acme Packet

The deal seeks to allow Oracle’s customers to communicate securely from any device

Oracle Corp. (Nasdaq: ORCL) is buying technology company Acme Packet (Nasdaq: APKT) for about $1.7 billion.

The purchase price works out to $29.95 per share.

Acme, headquartered in Bedford, Mass., develops technology, such as Net-Net, which allows customers to use data, voice and other applications through multiple connections. 

Oracle, headquartered in Redwood Shores, Calif., engineers hardware and software. The deal should expand Oracle’s Internet protocol network, allowing users to communicate securely from any device.

The deal requires regulatory approval.

In July, Oracle agreed to buy Xsigo Systems Inc. to grow its virtualization services and quicken access to servers for large customers. 

 

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