Telecom Signaling Industry News

TMCNet:  Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Acme Packet, Inc. Proposed Acquisition by Oracle

[February 04, 2013]

Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Acme Packet, Inc. Proposed Acquisition by Oracle

SAN DIEGO --(Business Wire)--

Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether members of the board of directors of Acme Packet (News - Alert), Inc. (Nasdaq: APKT) breached their fiduciary duties in connection with the proposed acquisition by Oracle Corporation.

On February 4, 2013, Oracle (News - Alert) announced that it had entered into a definitive merger agreement to acquire all outstanding shares of APKT. Under the terms of the deal, Oracle will pay $29.25 a share in cash.

The investigation will determine whether Acme Packet's board of directors breached their fiduciary duties to stockholders by failing to satisfactorily shop the company before entering into this agreement. Jim Baker, lead analyst for Johnso & Weaver, stated that, "Oracle's offer appears to be inadequate and not in the best interest of Acme Packet's shareholders." In particular, Baker noted that Acme Packet has a strong balance sheet with over $350 million in cash and no long-term debt. Baker also noted that many analysts have projected significant increases in Acme Packet's revenues and earnings for the current year.

If you are an Acme Packet, Inc. shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact attorney Shawn Fields ( or lead analyst Jim Baker ( at 619-230-0063.

Johnson & Weaver, LLP is a nationally recognized shareholders' rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit

[ Back To Telecom Signaling's Homepage ]

Featured Events

5G NA Signaling Day

November 14-16, 2016
Sheraton Dallas, Dallas, TX

Featured Webcasts

Securing The Signaling Interconnect: Oracle's Perspective On Recent Security Events

Today's telecommunications landscape is changing rapidly, and the "institution" of trust between networks that has been assumed over the decades is no longer relevant. We are now hearing of vulnerabilities in CSP interconnection points that have been known ...

Applications of Wi-Fi Calling

With all of the discussion about faster data access and richer content, it could be assumed that voice services no longer play an important role in the business model of the communications service provider. Join ReThink Technologies Research and Oracle Communications as we explore ...

Featured Whitepapers

Oracle Communications Diameter Signaling Router Main Differentiators

Diameter is the protocol used by network elements in LTE and 3G networks to enable and monetize services, such as voice, video and data. Diameter enables revenue-generating data services; including tiered data plans, loyalty programs, application specific QoS, content provider and Internet of Things (IoT) solutions ...

Multi-Layer Security Protection for Signaling Networks

The sanctity of mobile operators' networks and brands will depend greatly on their ability to deliver QoS guarantees to roaming and interconnect partners, while simultaneously protecting increasingly multimedia-savvy and socially connected ...

Featured Datasheets

Oracle Communications Diameter Signaling Router

Centralizing Diameter routing with cloud deployable Oracle Communications Diameter Signaling Router creates a secure signaling architecture that reduces the cost and complexity of the core network and enables elastic growth, interoperability and rapid introduction ...

Oracle Communications Mobile Security Gateway

The Oracle Communications Mobile Security Gateway is a high performance gateway that allows the Communications Service Provider (CSP) to cost effectively expand network coverage and increase capacity by incorporating Heterogeneous ...

Oracle Communications Evolved Communications Application Server

As service providers drive their networks toward an all-IP and virtualized state, they require the means to design and deliver compelling high definition voice, video and multimedia offers via Voice over LTE (VoLTE) and Voice over WiFi (VoWiFi) ...

Featured Infographic