Acme Packet CEO on Covergence acquisition
Acme Packet’s $23-million acquisition of Covergence – both announced and closed today – gives Acme Packet (NASDAQ:APKT) a quick jump in the enterprise market for session border controllers (SBCs) to add to its existing base in the service provider market. And Covergence’s software-only SBC gives Acme a particular foothold in the low end of the enterprise market.
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