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Surprise! Oracle buys BEA Systems

Posted in General, Software Infrastructure (January 16, 2008 at 6:30 pm)

The clumsy courtship between Oracle and BEA Systems is over. Oracle said Wednesday that it will acquire BEA for $19.375 a share in cash.
The offer puts the value of BEA at roughly $8.5 billion.
On a conference call–where Oracle wasn’t taking questions–Oracle CEO Larry Ellison said the deal will offer “greater value to our customers than […]

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