News Desk
Oracle Buys BEA: Oracle Fusion Middleware Gets An $8.5BN Injection of IP
BEA, described by the Wall Street Journal this morning as 'one of the few independent, midsize software companies left in Silicon Valley as the technology industry consolidates' is independent no longer: it has been acquired today by Larry Ellison's Oracle, in a deal worth $8.5BN. The Board of Directors of BEA Systems has unanimously approved the transaction.
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