Tuesday, April 29, 2008

EU Clears Oracle's Purchase of Software Co BEA Systems - WSJ.com

Game over...

The European Commission on Tuesday cleared Oracle Corp.'s (ORCL) $8.5-billion purchase of software company BEA Systems Inc. (BEAS).

The commission said the deal wouldn't create antitrust problems, since Oracle and BEA don't compete head-to-head. The combined companies will continue to face strong competition in the market for so-called middleware software products.

Article - WSJ.com

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