Tuesday, January 15, 2008

Oracle to Acquire BEA Systems

Oracle and BEA Systems reached an agreement under which Oracle will acquire all outstanding shares of BEA for $19.375 per share in cash. The offer is valued at approximately $8.5 billion, or $7.2 billion net of BEA's cash on hand of $1.3 billion.

Oracle said the proposed merger with BEA would accelerate the development of a world-class suite of middleware for business applications. Oracle Fusion middleware has an open "hot-pluggable" architecture that allows customers the option of coupling BEA's WebLogic Java Server to virtually all the components of the Fusion software suite.

For the telecom sector, BEA Systems' Liquid Services Framework serves as a next generation Service Delivery Platform (SDP) based on Service Oriented Architecture (SOA). The BEA Liquid Services Framework addresses key areas of service delivery: IT service exposure, network service exposure, application exposure, service orchestration, application orchestration, business processes, legacy network element integration, charging, policy, network management, data management/provisioning, and integration with core network infrastructure (including IMS and legacy networks).

BEA's WebLogic Service Delivery Solution is used by network operator for mobile content delivery.

BEA provides a "Services Network" infrastructure for Communications Service Providers to deliver new IMS network services. The "Services Network" is a means of presenting the functionality of network capabilities in a consistent, managed, and contractually defined way.http://www.oracle.comhttp://www.bea.com

  • In October 2007 Oracle proposed to acquire BEA Systems for $17.00 per share in cash, representing a 25% premium over the previous day's closing price of $13.62 and values the company at $6.7 billion. The Board of Directors of BEA Systems rejected that offer.

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