First Sun acquires MySQL, and now this:
Oracle to Acquire BEA Systems: “REDWOOD SHORES, Calif., Jan. 16 /PRNewswire-FirstCall/ — Oracle Corporation (Nasdaq: ORCL) and BEA Systems (Nasdaq: BEAS) announced today they have entered into a definitive agreement under which Oracle will acquire all outstanding shares of BEA for $19.375 per share in cash. The offer is valued at approximately $8.5 billion, or $7.2 billion net of BEA’s cash on hand of $1.3 billion. ‘We expect this deal to be accretive to Oracle’s earnings by at least 1-2 cents on a non-GAAP basis in its first full year after closing,’ said Oracle President and Chief Financial Officer Safra Catz.”
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