Oracle Strikes Deal to Buy BEA Systems for $8.5 Billion - Wall Street Journal
Excerpt:
"Oracle Corp. said it will acquire BEA Systems Inc. in an $8.5 billion deal three months after BEA slapped away an Oracle takeover offer as too low.
The deal furthers Oracle Chief Executive Larry Ellison's push to consolidate the business-software industry around his company. In the past four years, he has spent billions swallowing smaller rivals, including PeopleSoft and Siebel Systems."
http://online.wsj.com/article/SB120048691486294361.html
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