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
-
Wayland 1.24 Released with Fixes and New Features
Wayland continues to move forward, while X11 slowly vanishes into the shadows, and the latest release includes plenty of improvements.
-
Bugs Found in sudo
Two critical flaws allow users to gain access to root privileges.
-
Fedora Continues 32-Bit Support
In a move that should come as a relief to some portions of the Linux community, Fedora will continue supporting 32-bit architecture.
-
Linux Kernel 6.17 Drops bcachefs
After a clash over some late fixes and disagreements between bcachefs's lead developer and Linus Torvalds, bachefs is out.
-
ONLYOFFICE v9 Embraces AI
Like nearly all office suites on the market (except LibreOffice), ONLYOFFICE has decided to go the AI route.
-
Two Local Privilege Escalation Flaws Discovered in Linux
Qualys researchers have discovered two local privilege escalation vulnerabilities that allow hackers to gain root privileges on major Linux distributions.
-
New TUXEDO InfinityBook Pro Powered by AMD Ryzen AI 300
The TUXEDO InfinityBook Pro 14 Gen10 offers serious power that is ready for your business, development, or entertainment needs.
-
LibreOffice Tested as Possible Office 365 Alternative
Another major organization has decided to test the possibility of migrating from Microsoft's Office 365 to LibreOffice.
-
Linux Mint 20 Reaches EOL
With Linux Mint 20 at its end of life, the time has arrived to upgrade to Linux Mint 22.
-
TuxCare Announces Support for AlmaLinux 9.2
Thanks to TuxCare, AlmaLinux 9.2 (and soon version 9.6) now enjoys years of ongoing patching and compliance.