Oracle on Wednesday received a green light from regulators to move forward on its merger plans with BEA Systems.
Oracle announced Tuesday it completed its US$8.5 billion acquisition of BEA Systems, bringing to a close a contentious buyout effort that began last spring.
Oracle plans to acquire middleware maker BEA Systems for US$8.5 billion in cash, the company announced on Wednesday. The move means Oracle will leapfrog IBM as the number one middleware player.
Oracle has warned BEA Systems that its US$6.7 billion buyout offer will expire on Sunday, unless the middleware company agrees to put its offer before shareholders for a vote.
BEA Systems said on Thursday that it's willing to sit at the negotiating table with any potential buyers -- if they're open to a price of US$21 a share to start acquisition talks.
As Microsoft's deadline for Yahoo to accept its takeover bid passes, the tech world is still waiting for information from either company on their wedding plans.
Is the recently released Business Process Execution Language for Web Services just the latest in a continuing line of proposals, or will it actually become a universal standard? Find out how BPEL4WS will affect Web services.
After a resounding "no" on its unsolicited buyout offer for Yahoo, Redmond will either up the ante or ready a one-two punch.
Oracle will acquire Siebel Systems for US$5.8 billion. The long-predicted buyout will have interesting ramifications on the Australian market.
In the flat enterprise software market, the message is clear: It's time to hunt or be hunted.
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