BEA Picks Plumtree - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Software // Enterprise Applications

BEA Picks Plumtree

BEA Systems Inc. plans to buy Plumtree Software Inc. for about $200 million in cash. BEA sells the WebLogic application server and other middleware. Plumtree makes software for building portals.

Web-portal projects influence 65% of BEA's application server sales, CEO Alfred Chuang said in a conference call with analysts last week. Adding Plumtree's portal software to BEA's portfolio will help app server sales grow by allowing BEA to reach a new audience of nontechnical business users, he said. The two companies' products use common technical standards such as Java 2 Enterprise Edition and Web services.

BEA earned $131.1 million on sales of $1.08 billion for the fiscal year ended in January. Plumtree, which sells to about 700 customers, including Airbus, Ford, Starbucks, and the U.S. Navy, lost $9.6 million on sales of $84.1 million last year. Most of Plumtree's 400 employees are expected to join BEA.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
InformationWeek Is Getting an Upgrade!

Find out more about our plans to improve the look, functionality, and performance of the InformationWeek site in the coming months.

Remote Work Tops SF, NYC for Most High-Paying Job Openings
Jessica Davis, Senior Editor, Enterprise Apps,  7/20/2021
Blockchain Gets Real Across Industries
Lisa Morgan, Freelance Writer,  7/22/2021
Seeking a Competitive Edge vs. Chasing Savings in the Cloud
Joao-Pierre S. Ruth, Senior Writer,  7/19/2021
White Papers
Register for InformationWeek Newsletters
Current Issue
Monitoring Critical Cloud Workloads Report
In this report, our experts will discuss how to advance your ability to monitor critical workloads as they move about the various cloud platforms in your company.
Flash Poll