Oracle has finalized its US$8.5 billion deal to buy BEA Systems following the European Commission's approval, it announced Tuesday.
"The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it," a statement on the organization's Web site reads in part.
"The Commission examined the potential effects of the proposed merger on the overall middleware software sector and its various sub-divisions ... In each instance, the Commission found that the horizontal overlap between the parties' activities would not give rise to competition concerns, in particular since Oracle and BEA were not seen to compete head-to-head."
In addition, the combined company will face a number of viable competitors in the middleware market, such as IBM, Sun, Microsoft and SAP, meaning "customers would therefore find sufficient alternative suppliers," the Commission added.
Tuesday's news closed the book on a long and tumultuous bid process marked by shareholder angst, assorted counter-offers and public jousting by company officials.
Read up on the latest ideas and technologies from companies that sell hardware, software and services. Know thy self: Reduce costs, secure data and ensure compliance with identity management
Strategies for Eliminating .PST Files
Refresh your AUP: Top tips to ensure your acceptable use policy is fit for purpose
Achieving the impossible: Unlimited application scalability
Enterprise Wireless WLAN Security
Data grids and service-oriented architecture
Gaining Competitive Advantage Through Enterprise Planning
Security Inside Out
Zones provide focussed content from Computerworld and leading technology partners.
Discover how SOA can create smarter outcomes for your business.
Attend and learn:
- How SOA is helping leading companies to become more agile
- Where you should be applying SOA processes in your company
- The top SOA implementation mistakes to avoid
Click here for more information.
- +
Computerworld Live Podcast #97: The Future of Enterprise Networking 25/07/2008 09:45:36
This week CW Live chats with Mark Thompson, global sales and marketing manager for HP ProCurve, on the future of the enterprise networking. Mark discusses the trends we can expect to see in the near future and how the right infrastructure can ensure your enterprise network is secure. - +
Computerworld Live Podcast #96: Security at the Edge 11/06/2008 09:22:22
CW Live speaks with Amol Mitra, HP ProCurve Director of Marketing for Asia Pacific and Japan. Today's topic: how enterprises are starting to shift away from simply controlling security via server logins, firewalls and moving to more adaptive security frameworks. - +
Data Management Edition #10: Multi-Petascale Systems 02/05/2008 09:12:33
This week we look at sustainability and the development of multicore technologies to build multi-petascale systems. - +
IT Security Edition #11: How to poison the Storm botnet 01/05/2008 08:51:55
This week CW Live presents a case study on how to poison the notorious Storm botnet . Plus we take a look at Cisco's plans for Ironport. - +
IT Security Edition #10: Cyber-battles fought and won 24/04/2008 11:09:47
Vendors bow to end user pressure to improve product security, and we take a look at the latest concepts shaping the cyber-battlefield of the future.
Vignette Announces 2008 Excellence Awards 2008-11-21 10:50:00+11
PGP and Ponemon Institute Unveil Inaugural Australian Data Breach Study 2008 2008-11-20 17:34:00+11
Symantec Cloud Services Transform Data Centre Operations Through Proactive Management 2008-11-20 12:06:00+11
Verizon Business Offers Tips to Building a Successful Unified Communications and Collaboration Plan 2008-11-20 12:04:00+11
AARNet Brings 4K Digital Cinema to Australia: First 4K HD Video Signal delivered into Australia by AARNet 2008-11-20 12:02:00+11
Delivering the Power of Choice with Microsoft Dynamics CRM
Join Ed Thompson, Research VP, featured analyst firm, Gartner, Inc., and Brad Wilson, General Manager CRM Microsoft Dynamics, for a new webcast, Delivering the Power of Choice with Microsoft Dynamics CRM, available now. Our panel will break down the best practices for getting the most out of CRM and you'll learn key recommendations you can implement in your organization. Additionally, you'll also hear Microsoft's vision for CRM.
Buying Guides
Latest Products
