Monday, September 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Pushes Back Xbox One Debut In China
New Oculus 'Crescent Bay' Headset Announced
Microsoft Offers iPhone Users 30 GB of Free Storage
New Tizen Device Coming in India
Samsung Launches My Knox App For Latest Mobile Device
Android L To Support Encryption By Default
Microsoft Outlines Basic Elements Of Direct3D 12
New GeForce WHQL Driver Released
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 Home > News > PC Parts > Oracle ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, January 17, 2008
Oracle Buys BEA For $8.5 Billion


Oracle the world's third-largest software maker, won a three-month-long campaign to buy BEA Systems Inc by raising its bid for the company by 14 percent to $8.5 billion.

The companies announced on Wednesday that they have reached a deal. The price that BEA finally agreed to, $19.375 per share in cash, is a compromise between the $17 that Oracle offered in October and the $21 that BEA had demanded.

BEA makes "middleware," which helps business computer systems interact with each other, allowing companies to integrate computer systems running on software that was not originally developed to communicate with each other.

Oracle said the deal is valued at $7.2 billion net of cash on hand of $1.3 billion.

Analysts said the acquisition could also give Oracle an edge in sales of business-management software, a market in which Oracle is the second-largest player after SAP .


Previous
Next
AMD Catalyst 8.1 Released        All News        Sun Microsystems to Acquire MySQL For $1 Billion
AMD Fixes Barcelona Production Problems     PC Parts News      Sun Microsystems to Acquire MySQL For $1 Billion

Get RSS feed Easy Print E-Mail this Message

Related News
Oracle's Ellison Steps Down
Oracle To Buy Micros Systems
Oracle Accelerates Its Databases
Oracle Wins Appeal In Legal Battle With Google
Microsoft Retains No. 1 Spot; Oracle Moves Into No. 2 In Global Software Market
Oracle Buys Responsys For $1.5 billion
IBM, Oracle, EMC To Face China Probe Over Security Concerns: report
ARM and Oracle to Optimize Java SE for Enterprise and Embedded Markets
Microsoft and Oracle Team Up On Cloud Computing
Oracle Unveils Faster Servers
New Emergency Fix Releaseed For Java zero-day Exploit Released
New Critical Patch For Java SE Released

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .