Oracle (ORCL) announced it has entered into an agreement to acquire Acme Packet (APKT), a global provider of session border control technology, for approximately $1.7 billion. Plus acquisition news from IBM, Twitter and The 451 Group.
Cisco (CSCO) announced its intent to acquire privately held cloud networking company Meraki for $1.2 billion. San Francisco-based Meraki was founded in 2006 by MIT PhD candidates, and was funded by Sequoia Capital and Google.
Acquisition news in the tech and social media industries includes: Salesforce.com and Oracle buying social media intelligence; EMC acquiring performance management and Google gains productivity software with mobile capability.