BEA stays in M&A hunt

BEA Systems rebuffed a $17-per-share acquisition bid from Oracle, arguing that the company is worth at least $21 per share. Oracle isn't buying that argument, or the company, at least for now. But, BEA investor Carl Icon has been and still is urging BEA management to find a buyer. The telecom software landscape has been a busy consolidation arena in the last few years, but after Oracle, the list of prospective buyers for BEA trails off fairly quickly.

For more:
- Read this report in The San Jose Mercury News

Suggested Articles

Equinix has expanded the global reach of Oracle Cloud Infrastructure across five continents to help enterprise customers connect to Oracle Cloud.

Deutsche Telekom is folding parts of a slimmed-down T-Systems back into its corporate structure, according to Reuters.

Huawei has been temporarily suspended from membership in the Forum of Incident Response and Security Teams (FIRST.)