Will Acme Packet’s Acquisition By Oracle Bring Satisfaction To These Top Institutional Shareholders?

Acme Packet, Inc. (NASDAQ:APKT) is being acquired by Oracle Corp (NASDAQ:ORCL) in a $2.1 billion deal that pays $29.25 in cash for every share held in the company. “Acme Packet brings deep domain expertise and proven, mission-critical solutions to enable all IP networks,” said Andy Ory, Chief Executive Officer of Acme Packet. “Together with Oracle, we expect to provide customers with purpose-built, innovative solutions to accelerate the deployment of all IP networks and help deliver a superior experience across services, devices and networks.” Acme Packet reported fourth quarter earnings of $0.09 and revenue of $70.7 million which beat by $0.01 and $2 million, respectively.

Will Acme Packet, Inc.’s shareholders increase their holdings? They reported owning a total of 9.566 million shares on 12/31/2012. The shares closed at $22.12 on 12/31/2012.

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Here are the eight largest positions in Acme Packet, Inc. at the end of December 31st, 2012.

Vanguard Group Inc. held 3,160,173 shares on 12/31/2012 worth $69,903,029. This brought the portfolio total to 0.01%.

AllianceBernstein L.P. held 1,852,434 shares on 12/31/2012 worth $40,975,842. This brought the portfolio total to 0.05%.

Bank of New York Mellon Corp. held 1,405,595 shares on 12/31/2012 worth $31,091,763. This brought the portfolio total to 0.01%.

Granahan Investment Management Inc./MA held 791,400 shares on 12/31/2012 worth $17,505,769. This brought the portfolio total to 0.64%.

State of New Jersey Common Pension Fund A held 250,000 shares on 12/31/2012 worth $5,530,000. This brought the portfolio total to 0.03%.

Fisher Asset Management LLC. held 206,475 shares on 12/31/2012 worth $4,567,227. This brought the portfolio total to 0.01%.

Eagle Asset Management Inc. held 142,152 shares on 12/31/2012 worth $3,144,402. This brought the portfolio total to 0.02%.

Quantitative Investment Management LLC. held 136,100 shares on 12/31/2012 worth $3,010,532. This brought the portfolio total to 0.11%.

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To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

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