Oracle to buy BEA for $7.85 billion

Wednesday Jan 16th 2008 by DatabaseJournal.com Staff
Share:

Business software maker Oracle Corp. said Wednesday it agreed to buy BEA Systems Inc. for about $7.85 billion...

[From Yahoo! News]

REDWOOD SHORES, Calif. - Business software maker Oracle Corp. said Wednesday it agreed to buy BEA Systems Inc. for about $7.85 billion, a compromise price that ends a months-long dispute over the value of the software company.

Oracle agreed to pay $19.375 per share for BEA, which makes "middleware," the computer coding that helps business applications interact more smoothly with databases.

The article continues at http://news.yahoo.com/s/ap/20080116/ap_on_hi_te/oracle_bea

Share:
Home
Mobile Site | Full Site
Copyright 2017 © QuinStreet Inc. All Rights Reserved