Oracle is pleased to announce the completion of its acquisition of BEA Systems, Inc. BEA is now a wholly owned subsidiary of Oracle.

Oracle’s primary focus is 100% customer and partner satisfaction. They plan to make the combining of the two companies as seamless as possible for everyone, and to deliver added and immediate value. Oracle’s commitment to middleware and the success of existing middleware customers is reflected in its comprehensive portfolio of products, adoption of standards, and the customer’s ability to run, secure, adapt, and expand their businesses with the world’s fastest growing family of middleware products.

Together, Oracle and BEA plan to provide a complementary, best-in-class middleware portfolio that spans Java Application Servers, transaction processing monitors, SOA, business process management, user interaction and Web 2.0, identity management, business intelligence, and Enterprise Content Management.

Today at the RSA Conference 2008, Oracle will outline its vision for Service-Oriented Security. By decoupling hard-coded security features from enterprise applications to create reusable, standards-based security services and protocols which any application can consume, Service-Oriented Security enables organizations to simplify and centralize several critical security processes including authentication, authorization, user administration, role management, identity virtualization and governance, and entitlement management, as well as audit and control.
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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.”The addition of BEA products and technology will significantly enhance and extend Oracle’s Fusion middleware software suite,” said Oracle CEO Larry Ellison.
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VMware, Inc. (NYSE: VMW), the virtualization software leader, today announced it has entered into a definitive agreement to acquire Thinstall, a privately-held application virtualization software company headquartered in San Francisco. VMware is acquiring Thinstall to expand its desktop virtualization capabilities which help customers better provision, deploy and update desktop environments.
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