Oracle buys Bea Systems and Captovation
Oracle recently announced two acquisitions on the same day, with software vendor Bea Systems and document digitization specialists Captovation soon joining the database specialists.
Oracle will buy all outstanding shares in Bea at a price of US$ 19.375 per share, amounting to a total of some US$ 8.5 billion. Since Bea has cash on hand amounting to US$ 1.3 billion, the net purchase price would be around US$ 7.2 billion, reported Oracle. The takeover of Bea should be completed by mid-2008. No financial details are available concerning the acquisition of document capture specialist Captovation, which was announced at the same time, and should be completed during February 2008.
Oracle’s reasoning for the acquisition of Bea is to access the company’s expertise in the area of Service-oriented architecture (SOA). Oracle cited the example of the future coupling of Bea’s Weblogic Java Server and Oracle’s Fusion middleware. The Captovation products for document capture and document management are of interest for Oracle’s Enterprise Content Management (ECM). Oracle Senior Vice President for Server Technologies, Thomas Kurian, stated that this purchase means his company is the only vendor that can provide customers with a fully integrated solution for automating back office operations.
The database specialist publishes announcements of its strategic acquisitions on a dedicated page.
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Support Our Work
Linux Magazine content is made possible with support from readers like you. Please consider contributing when you’ve found an article to be beneficial.
News
-
EndeavorOS Mercury Neo Available
A new release from the EndeavorOS team ships with Plasma 6.3 and other goodies.
-
Fedora 42 Beta Has Arrived
The Fedora Project has announced the availability of the first beta release for version 42 of the open-source distribution.
-
Dash to Panel Maintainer Quits
Charles Gagnon has stepped away as maintainer of the popular Dash to Panel Gnome extension.
-
CIQ Releases Security-Hardened Version of Rocky Linux
If you're looking for an enterprise-grade Linux distribution that is hardened for business use, there's a new version of Rocky Linux that's sure to make you and your company happy.
-
Gnome’s Dash to Panel Extension Gets a Massive Update
If you're a fan of the Gnome Dash to Panel extension, you'll be thrilled to hear that a new version has been released with a dock mode.
-
Blender App Makes it to the Big Screen
The animated film "Flow" won the Oscar for Best Animated Feature at the 97th Academy Awards held on March 2, 2025 and Blender was a part of it.
-
Linux Mint Retools the Cinnamon App Launcher
The developers of Linux Mint are working on an improved Cinnamon App Launcher with a better, more accessible UI.
-
New Linux Tool for Security Issues
Seal Security is launching a new solution to automate fixing Linux vulnerabilities.
-
Ubuntu 25.04 Coming Soon
Ubuntu 25.04 (Plucky Puffin) has been given an April release date with many notable updates.
-
Gnome Developers Consider Dropping RPM Support
In a move that might shock a lot of users, the Gnome development team has proposed the idea of going straight up Flatpak.