More than 300 IT executives and dozens of vendors met to talk about midmarket solutions at the Midsize Enterprise Summit.
ChannelWeb picked 15 common beliefs about Microsoft and gave channel partners the opportunity to explain why they're more fiction than fact.
ChannelWeb visited Tech Data's headquarters for a strategy update and was given a behind-the-scenes tour of how the distributor operates.
Oracle Wraps Up BEA Systems Acquisition
10:50 AM EDT Tue. Apr. 29, 2008
The acquisition ends a chase that began last October when Oracle, Redwood Shores, Calif., made an unsolicited offer to buy San Jose-based BEA for $6.6 billion. BEA resisted Oracle's efforts until January before finally acquiescing when Oracle raised its offer to $8.5 billion. (The deal is valued at $7.2 billion, net the $1.3 billion in cash held by BEA.)
"The addition of BEA will accelerate innovation by bringing together two companies with a common vision of a modern service-oriented architecture infrastructure," said Oracle President Charles Phillips in a statement. "Together, Oracle and BEA will provide a series of complementary and well-engineered middleware products, allowing customers to more easily build, deploy, and manage applications in a secure environment."
U.S. regulators, including the Department of Justice and Federal Trade Commission, gave a green light to the deal in February and BEA shareholders approved the buyout on April 4. European Commission approval was the last major hurdle the acquisition faced.
