BEA Systems Inc. said Monday it has agreed to buy portal software maker Plumtree Software Inc. for around US$200 million in cash. The deal finally removes from the market a struggling company analysts long expected to be bought by a larger vendor, and adds to BEA's portfolio a new line of collaboration software.
Stories by Stacy Cowley
Big Blue closes an eventful quarter
Microsoft has reached a licensing agreement with networking technology vendor Alacritech that will remove Microsoft's forthcoming TCP Chimney software from the legal limbo it's been stuck in for the past several months, following a patent dispute.
As the government continues preparing its case against the accused ringleaders of Computer Associates International's (CA's) "35-day month" accounting fraud, prosecutors have filed a superseding indictment filling in more details of ex-Chief Executive Officer Sanjay Kumar's alleged crimes.
Sun Microsystems issued alerts this week about vulnerabilities in its Java platform that security researchers describe as critical that could allow attackers to execute malicious code on targeted computers.
Money may never change hands, however, if HP buys enough EMC kit
Swainson rings in the changes
Microsoft Corp. has purchased from one of its partners a toolkit intended to simplify deployment of Microsoft's Axapta software for managing finances, employees, supply chains and other business resources. Terms of the deal were not disclosed.
Redmond's biggest repair job in months
With PeopleSoft vanquished, Oracle Chief Executive Officer Larry Ellison is setting his sights on the industry's leading business applications vendor, SAP.
Shortly before a planned meeting with financial analysts Wednesday morning, Oracle announced that it will meet analysts' earnings expectations for its current fiscal year and exceed them in 2006, thanks in part to its recent acquisition of PeopleSoft.
Oracle will release in 2008 a new applications suite, dubbed "Fusion," that will serve as a migration point for customers on all three of its applications platforms, executives said Tuesday in presentations at a launch event for Oracle's PeopleSoft integration.
As Oracle digests its PeopleSoft purchase and prepares to officially launch its combined operations next week, the company is in the process of a mass layoff expected to cut thousands of jobs.
PeopleSoft's acceptance of an Oracle takeover finally ends 18 months of uncertainty for both companies' customers, but opens new challenges for the victor. As Oracle embarks on one of the software industry's largest acquisitions in history, it needs to prove it can chew what it has bitten off.
At its user conference on Wednesday, Oracle continued sending mixed messages to PeopleSoft customers concerned about how Oracle might support their products.