Oracle to acquire BEA Systems
Oracle and BEA Systems agree to $8.5bn deal
Oracle and BEA Systems agree to $8.5bn deal
Oracle is to acquire BEA Systems in an $8.5bn (£4.3bn) deal that will vastly
enhance the Oracle’s Fusion middleware software suite.
This transaction will accelerate the adoption of Java-based middleware
technologies and service-orientated architecture, increase market share in
emerging markets such as China and advance innovation in enterprise applications
infrastructure software.
The BEA deal follows Oracle’s key acquisition of Hyperion last year.
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