Oracle has offered to purchase rival BEA Systems for US$17 per share, a total of about US$6.66 billion in cash -- but BEA rejected the offer as too low.
Eyeing a potentially high-growth area in business software, IBM said Monday that it has dedicated 1,000 employees to software that sews together disparate strands of related information.
IBM on Wednesday unveiled plans for a pair of new products aimed at helping companies better manage and integrate data, and pledged additional funds for further advancement of such technologies.
High-tech companies are starting to report their second-quarter earnings, and for much of the enterprise software business, the picture is bleaker than expected.
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