Oracle absorbs BEA Systems
Oracle today issued a press release stating that Oracle and BEA Systems have reached an agreement in principle on the acquisition of BEA Systems by Oracle. Oracle buys all available BEA Systems shares at a price of $ 19,375 per share. The deal is estimated at about $ 8.5 billion.
“Adding BEA products and technologies will significantly improve and expand the middleware package of Oracle Fusion,” said Oracle CEO Larry Ellison.
The Board of Directors of BEA Systems unanimously decided to complete the transaction. The transaction is scheduled for completion by mid-2008.
“Adding BEA products and technologies will significantly improve and expand the middleware package of Oracle Fusion,” said Oracle CEO Larry Ellison.
The Board of Directors of BEA Systems unanimously decided to complete the transaction. The transaction is scheduled for completion by mid-2008.
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Source: https://habr.com/ru/post/18838/
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