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
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
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