Wednesday, April 30, 2008

Oracle Completes Acquisition of BEA Systems

Officially a done deal

Oracle Corporation (NASDAQ: ORCL) announced today that it had received approval of the European Commission and subsequently completed its acquisition of BEA Systems, Inc.

"The addition of BEA will accelerate innovation by bringing together two companies with a common vision of a modern service-oriented architecture (SOA) infrastructure," said Oracle President Charles Phillips. "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."

Oracle Completes Acquisition of BEA Systems

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