The U.S. Department of Justice and Federal Trade Commission have given their thumbs up to Oracle's proposed $8.5 billion acquisition of middleware vendor BEA.Next on tap: a special stockholder meeting on April 4 to vote on the merger, plus clearance from the European Commission. The deal won unanimous approval from BEA's board last month after being initially rejected in October.
"The addition of BEA products and technology will significantly enhance and extend Oracle's Fusion middleware software suite," said Oracle CEO Larry Ellison in a statement when the deal was first announced. The purchase will be Oracle's biggest since it acquired PeopleSoft in 2005.Bloomberg
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
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