BNET Industries

Market Cap:$693.7M
Last Fiscal Year Sales:$113.0M
  • Public
  • US
Dow Jones Description

Acme Packet, Inc., the leader in session border control solutions, enables service providers to deliver trusted, first class interactive communications--voice, video and multimedia sessions--across IP network borders. Our Net-Net family has been selected by over 420 service providers in 81 countries to satisfy critical security, service assurance and regulatory requirements in wireline, cable and wireless networks. Our customers include 23 of the top 25, and 76 of the top 100 service providers in the world. These deployments support multiple applications--from VoIP trunking to hosted enterprise and residential services to fixed mobile convergence; multiple protocols--SIP, H.323, MGCP/NCS and H.248; and multiple border points--interconnect, access network and data center.

Board Member
Sonja Hoel
Number of Employees 322
Contact Information

71 Third Avenue

Burlington, Massachusetts 01803

www.acmepacket....

(781) 328-4400

NAICS Code Other Communications Equipment Manufacturing: 334290

Recent Events

  • Acme Packet chosen by state of Delaware

    1/13/10 - Licensing / Contract - View Story

  • Credit Suisse Upgrades Acme Packet APKT to Outperform

    1/11/10 - Bond / Stock Rating - View Story

  • Acme Packet to Release Fourth Quarter Financial Results on February 2, 2010

    1/04/10 - Financial Announcement - View Story

  • ACME PACKET RELOCATES HEADQUARTERS

    12/22/09 - Licensing / Contract - View Story

  • ServiceMaster Deploys Acme Packet's Net-Net 2600 Session Border Controllers

    11/01/09 - Licensing / Contract - View Story

  • Acme Packet APKT Tops Q3 EPS by 2c; Guides Higher for FY

    10/29/09 - Financial Announcement - View Story

  • Acme Packet Dials Up IP Contact Center Solution for TruGreen

    10/27/09 - Licensing / Contract - View Story

  • Skype Selects Acme Packet's Session Border Controllers to Ease Interoperability with IP PBXes for Skype...

    10/23/09 - Licensing / Contract - View Story

  • Gil Kaufman Joins Datacom Team as VP Engineering

    9/16/09 - Merger / Acquisition - View Story

  • Mavenir and Acme Packet Deliver Legacy and IMS Voice and Messaging Services to Mobile Broadband...

    9/14/09 - Licensing / Contract - View Story

  • High Market Penetration Drives Acme Packet Expansion in EMEA

    9/08/09 - Site Opening - View Story

  • PCCW Deploys Acme Packet Session Border Controllers for its Next Generation Network

    8/30/09 - Licensing / Contract - View Story

  • TIGO Bolivia Chooses Acme Packet for VoIP Interconnects

    7/29/09 - Licensing / Contract - View Story

  • Telefonica O2 Germany Chooses Acme Packet to Deliver IMS-based Residential VoIP Services

    7/21/09 - Licensing / Contract - View Story

  • Telenor Sweden Chooses Acme Packet Session Border Controllers

    7/13/09 - Licensing / Contract - View Story

  • Acme Wins Euro SBC Deals

    7/09/09 - Licensing / Contract - View Story

  • Telefnica O2 Germany Selects Acme Packet to Deliver IMS-based Residential VoIP Services

    7/07/09 - Licensing / Contract - View Story

  • Telenor Sweden Deploys Acme Packet to Deliver IMS-based Services

    7/07/09 - Licensing / Contract - View Story

  • PCCW Deploys Acme Packet Session Border Controllers for its Next

    6/30/09 - Licensing / Contract - View Story

  • Archive

    6/22/09 - Merger / Acquisition - View Story

News & Analysis

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acme packet and earnings and seeking alpha - All News and Analysis

Decision Makers

Name (plus bio) Position
Andrew D. Ory President, Chief Executive Officer & Cofounder
Keith Seidman Vice President, Finance & Chief Financial Officer
Patrick J. MeLampy Chief Technology Officer & Co-Founder
Dino Di Palma Vice President, Sales & Business Development
Ephraim Dobbins vice president of engineering
Erin Medeiros Vice President, Professional Services
Seamus Hourihan Vice President, Marketing & Product Management
Bob Penfield
Kevin Klett

Board of Directors

Name (plus bio) Position
Sonja Hoel Board Member
Robert Hower Board Member

Organization Position Status
Menlo Ventures Managing Director Current
Q1 Labs, Inc. Managing Director, Menlo Ventures Current
Asempra Board Member Current
Cambia Security Inc Board of Directors Current
Ncircle Network Security, Inc. Board of Directors Current
Q1 Labs, Inc. Board of Directors Current
Solidcore Systems, Inc. Board of Directors Current
McIntire School of Commerce Board of Directors Current
Western Association of Venture Capitalists Director Current
Acme Packet, Inc. Board Member Current
Acme Packet, Inc. Investor Current
Ncircle Network Security, Inc. Investor Current
Intransa, Inc. Investor Current
Asempra Investor Current
Q1 Labs, Inc. Investor Current
Symantec Corporation business development Former
TA Associates, Inc. investment analyst Former
Intransa, Inc. Board Member Former
Optical Solutions Inc. Board Member Former
Vermeer Technologies, Inc. Board Member Former
SonicWALL, Inc. Board Member Former
F5 Networks, Inc. Board Member Former
Recourse Technologies Board Member Former
McIntire School of Commerce at the University of Virginia Director Former
Mailfrontier, Inc. Board Member Former
Mailfrontier, Inc. Investor Former
Recourse Technologies Investor Former
F5 Networks, Inc. Investor Former
SonicWALL, Inc. Investor Former
Vermeer Technologies, Inc. Investor Former
Optical Solutions Inc. Investor Former
Harvard Business School M.B.A Former
Harvard University B.S. in Commerce Former
University of Virginia B.S. in Commerce Former

Andy brings 15 years of telecommunications and computer industry experience, as well as leadership skills, expertise, and vision to his role as president and CEO. Prior to founding Acme Packet, Andy was the founder, CEO, and chairman of Priority Call Management (PCM), which produced network-based solutions that allowed service providers to offer prepaid calling, enhanced messaging, and one number services. At PCM, Andy raised $15 million, built a management team, and oversaw all company operations for nearly ten years. During his tenure, PCM was ranked 5th in the Deloitte & Touche list of fastest growing high technology companies in New England and 21st in the nation for high technology growth. In 1999, Andy managed the successful acquisition of the company by the LHS Group for $162 million. Andy holds a BA degree from Harvard University.

Organization Position Status
Acme Packet, Inc. President, Chief Executive Officer & Cofounder Current
Canaan Partners Board of Directors Current
Menlo Ventures Board of Directors Current
Menlo Ventures President, Chief Executive Officer and Cofounder Former
Professional Community Management Former
Harvard University Ba Degree Former

Organization Position Status
Advanced Technology Ventures General Partner Current
Advanced Technology Ventures, Inc. Lead Partner Current
Appiq, Inc. Observor Current
Acme Packet, Inc. Board Member Current
Application Networks, Inc. Board Member Current
WAVE7 Optics, Inc. Board Member Current
Channeladvisor Corporation Board of Directors Current
Xplusone.Com Director Current
LHS Telekom GmbH & Co. KG Vice President of Sales Former
General Mills, Inc. sales and marketing roles Former
Lotus Development Corporation sales and marketing roles Former
Cabot Cabot & Forbes Former
BancBoston Ventures Director Former
Harvard College B.A. Former

Keith brings over 20 years of experience in leading the financial operations and merger and acquisition activities of both high-growth startups and established telecommunications companies to his role as vice president of finance and CFO. Keith came to Acme Packet from Spotfire where he served as its CFO and helped raise funding in excess of $30 million. Prior to Spotfire, he served as vice president of finance and administration and CFO for Priority Call Management (PCM) where he helped negotiate the acquisition of the company by the LHS Group. Prior to PCM, Keith served as executive vice president and CFO of Duracraft where he was responsible for planning and executing its IPO and its subsequent acquisition by Honeywell. A Certified Public Accountant, Keith holds a BA degree in Accounting from the University of Massachusetts, Amherst.

Organization Position Status
Acme Packet, Inc. Vice President, Finance & Chief Financial Officer Current
Menlo Ventures Vice President of Finance, Chief Financial Officer Current
Duracraft, Inc. Chief Financial Officer Former
Duracraft, Inc. Executive Vice President Former
Canaan Partners Vice President of Finance, Chief Financial Officer Former
Spotfire Inc. vice president of finance Former
Harvard University BA Former
University of Massachusetts Amherst Ba Degree In Accounting Former

Patrick brings over 15 years of communications engineering experience to his role as chief technology officer. Prior to founding Acme Packet, Patrick served as the vice president of engineering for Priority Call Management (PCM) from its inception in 1989 through its acquisition by the LHS Group a decade later. At PCM, Patrick developed and supported the company's network telecommunications products and grew the engineering team from two to 75 members. Prior to PCM, he was employed at Boston Technology. Patrick has developed intellectual property portfolios for PCM, LHS PCM, and Acme Packet. He has accumulated 26 patents of which eight have been issued and 18 are pending. Patrick holds a BS degree in Mechanical Engineering from the University of Pittsburgh and an MBA from Boston University.

Organization Position Status
Acme Packet, Inc. Chief Technology Officer & Co-Founder Current
LHS Telekom GmbH & Co. KG Former
Boston Technology Corporation Former
Professional Community Management Former
Boston University MBA Former
University of Pittsburgh BS degree in Mechanical Engineering Former

Organization Position Status
Menlo Ventures Vice President, Sales and Business Development Current
Acme Packet, Inc. Vice President, Sales & Business Development Current
Concordia University MA Degree In Public Policy and Business Administration Former
McGill University Ma Former
McGill University BA Degree In Economics and Political Science Former
Concordia University Business Administration Former

Organization Position Status
Acme Packet, Inc. vice president of engineering Current
Bay Networks Former
University of Massachusetts Amherst MBA Former
Carnegie Mellon University BS in Applied Mathematics with University Honors Former

Erin brings 10 years of experience in the fields of Systems Engineering and Customer Support to her position as Vice President of Professional Services. She joined Acme Packet as the Manager of Systems Engineering from SEMA/Priority Call where she spent 6 years in the Systems Engineering organization, ultimately managing the team of Corporate Systems Engineers. Under her supervision over the last four years, the Acme Packet Professional Services organization has grown from one to 40 people. As the Vice President of Professional Services, she is responsible for the Systems Engineering, Technical Support, and Technical Training groups. Erin holds a BA degree in Marketing from the School of Management at the University of Massachusetts/Amherst.

Organization Position Status
Acme Packet, Inc. Vice President, Professional Services Current
Technical Training, LLC Current

Seamus brings over 20 years of experience to Acme Packet in executive management, marketing, product management and business development roles at voice over IP, IP and multiprotocol networking, web infrastructure and computer companies. Seamus was the Vice President of Marketing for internetworking leader Wellfleet and, after its merger with Synoptics, at Bay Networks (now Nortel) for nearly seven years. During his tenure, revenue grew from $10 million to $2 billion and Inc. recognized Wellfleet as "America's Fastest Growing Company" for two consecutive years. Most recently, Seamus was Vice President of Marketing for Pingtel, widely recognized as a leader in SIP products and technology. Seamus also held management positions at Data General, MASSCOMP and Bright Tiger. He is the co-author of several internetworking guidebooks and numerous articles and holds an AB degree from Dartmouth College and an MBA from Babson College.

Organization Position Status
Acme Packet, Inc. Vice President, Marketing & Product Management Current
Menlo Ventures Vice President, Marketing and Product Management Current
Bay Networks Vice President of Marketing Former
Wellfleet Vice President of Marketing Former
Pingtel Corp Vice President of Marketing Former
Synoptics Ltd Vice President of Marketing Former
Canaan Partners Vice President, Marketing and Product Management Former
Data General Corporation Former
Babson College MBA Former
Dartmouth College Ab Degree Former
Babson College Ab Degree Former

Organization Position Status
Acme Packet, Inc. Current
University of Lowell BS degree in Meteorology Former

Organization Position Status
Acme Packet, Inc. Current
University of Connecticut BS degree in Electrical Engineering and Telecommunications Former
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     APKT $18.26 -0.61 (-3.23% )
Average Volume 856,885
Shares Outstanding 60.47M
Market Cap 1.1B
Year High 19.23
Year Low 5.525
Earnings Per Share 0.28
P/E Ratio 65.21
Dividend N/A
Yield N/A
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