This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple Agitated, Dell Deal Done: Tech Weekly

There was some M&A in tech this week, with Oracle (ORCL) buying Acme Packet (APKT) for $2.1 billion. Oracle paid $29.25 a share, or approximately $1.7 billion, net of Acme Packet's cash.

Acme Packet describes itself as a leader in session delivery network solutions, which let enterprises deliver secure voice and data services across IP networks.

Shares of Acme Packet soared this week, gaining 23.61% to finish at $29.58, while Oracle dipped 3.6% to close at $34.90.

Next week we see earnings results from Cisco (CSCO), Net App (NTAP), Rackspace (RAX) and Clearwire (CLWR). Goldman Sachs will also hold its annual technology conference in San Francisco, with Apple CEO Tim Cook and Zillow (Z) CEO Spencer Rascoff (who discussed Zillow Digs earlier this week with me) set to attend.

If you're in the Northeast, stay warm and safe as Nemo finds us (sorry, my joke writer is out sick this week). I'll catch you all on the other side for another exciting week in technology.

Enjoy your weekend everyone.

--Written by Chris Ciaccia in New York

>Contact by Email.

4 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.64 -0.20%
LNKD $132.72 7.90%
MSFT $49.54 -0.72%
ZNGA $2.39 -0.42%
DELL $0.00 0.00%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs