It’s Official – Oracle to Buy BEA

Boy did second round negotiations happen under the radar screen on this one!

Back in October of 07′  – IT WAS ALL OVER THE PRESS – Oracle made a bid for BEA that expired with a Sunday night deadline. At the time Oracle offered $17 and BEA said $21. No deal.

As I said back in October, Larry Ellison was NOT going to let this one go!

This morning according to the Wall Street Journal BEA accepted a bid from Oracle for $19.375. The area of middleware is HOT.

Oracle needs this acquisition to maintain an edge in middleware space.

 The promise of SaaS and SOA in ERP architecture could revolutionize ERP as we know it.

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