BEA Declines Oracle's Offer
BEA Systems has rejected
a cash bid for the company
from Oracle, an action that appeared to signal
the start of a bidding war for the company. The speculation among industry analysts
is that this rejection will soon lead to rival offers for BEA from both Oracle
and German software company SAP.
BEA, a maker of Java application servers and development tools, has long been
rumored to be an acquisition candidate. Speculation is that as the enterprise
software industry continues to consolidate, BEA might make an attractive addition
to one of those companies, or to another large enterprise software vendor.
Will any Java company become powerful enough to take on Microsoft head-to-head?
Send me your thoughts to email@example.com.
Posted by Peter Varhol on 10/16/2007 at 1:23 PM