FEATURED VIDEO
Sponsored By:
SLIDE SHOWS
As if they needed more stress, organizations are facing evolving and increasingly stringent compliance regulations from the Payment Card Industry, as well as Sarbanes-Oxley, HIPAA and others. Here are a few security compliance products that can make the audit process less excruciating.
Here are 10 of the distributor's hottest new offerings winning over solution providers.
New smartphones from Sony, Motorola and the first-ever Twitter-only mobile device -- the TwitterPeek -- headline a busy week for handset makers as the holiday shopping season heats up.
INSIDE CHANNELWEB

Oracle Wraps Up BEA Systems Acquisition


By Rick Whiting, ChannelWeb

10:50 AM EDT Tue. Apr. 29, 2008
Oracle completed its $8.5 billion buyout of middleware vendor BEA Systems today after the deal cleared its final hurdle -- approval from the European Commission of the acquisition.

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.

 
Channelweb : Promofinder
FEATURED PROMOTIONS
CYA - Cover Your Apps
Cover your customers' apps and earn an additional 20% instantly when selling ARCserve® Backup, XOsoft™ and ERwin® products wi...
More Deals, More Dollars
Make more money with lower minimum deal registration thresholds for ARCserve Backup and XOsoft product deals.
RELATED BLOG >>
Photo
Canonical is bringing Linux to the mass market by way of its partnerships with major OEMs and via word of mouth within the Ubuntu Server user community.
ADVERTISEMENT




CHANNEL SERVICES >>

techcareers logo Search Jobs:


  

Post Resume|Employers

Recent Post:


Network Engineer
Lawrence Berkeley National Lab seeking Network Engineer in Berkeley, CA
spacer