April 29, 2008

Oracle acquisition of BEA closes

European Commission approves Oracle's $8.5 billion deal to buy BEA Systems

Oracle has finalized its $8.5 billion deal to buy BEA Systems  following the European Commission's approval, it announced Tuesday.

"The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it," a statement on the organization's Web site reads in part.

"The Commission examined the potential effects of the proposed merger on the overall middleware software sector and its various sub-divisions ... In each instance, the Commission found that the horizontal overlap between the parties' activities would not give rise to competition concerns, in particular since Oracle and BEA were not seen to compete head-to-head."

[ For more news on Oracle's path to acquiring BEA, read InfoWorld's special report: Merger mania. ]

the In addition, the combined company will face a number of viable competitors in the middleware market, such as IBM, Sun, Microsoft, and SAP, meaning "customers would therefore find sufficient alternative suppliers," the Commission added.

Tuesday's news closed the book on a long and tumultuous bid process marked by shareholder angst, assorted counter-offers and public jousting by company officials.

 

Close

On Twitter now

Business

Powered by Twitter

On Twitter now

White Paper

D2D Virtual Tape Library Replication Primer

This whitepaper explains the terminology and concepts behind Data Replication technologies and establishes some sizing rules through worked examples. Learn the new paradigm in disaster tolerance—protect data anywhere.

Download now »

White Paper

An Alternative to Virtualization for Datacenter Cost Savings

Server virtualization is a popular option for dealing with mounting datacenter costs. Another equally promising approach is the use of an Application Delivery Controller. Citrix NetScaler provides a low-cost way for organizations to reduce their server count and accrue cost savings from a reduction in space, cooling, power and personnel.

Download now »

White Paper

Why Your Firewall, VPN, and IEEE 802.11i Aren't Enough to Protect Your Network

The emergence of WLANs has created a new breed of security threats to enterprise networks.

Included in HP ProCurve WLAN solutions is security technology that alleviates threats from WLANs through:
* Monitoring wireless activity inside and out of the enterprise
* Classifying WLAN transmissions into harmful and harmless
* Preventing transmissions that pose a security threat to the enterprise network
* Locating participating devices for physical remediation

Download now »

White Paper

Bringing the Edge to the Data Center

Effectively address data protection challenges, implementing solutions that help store and protect business–critical data while cutting costs and improving efficiency and reliability.

Download now »

Sign up to receive Business Resource Alerts

Subscribe to the Today's Headlines: First Look Newsletter

Find out what will be news for the day, with our first-thing-in-the-morning briefing.

©1994-2009 Infoworld, Inc.