Peter Cooper-Ellis joins SpringSource
SpringSource has announced that Peter Cooper-Ellis is now joining the company to head the development and product management of SpringSource Application Platform.
He was previously the head of the BEA Systems WebLogic engineering team.
He was also one of the many executives who were not offered a job by Oracle after they acquired BEA [...]
SAP unlikely to settle out of court with Oracle
SAP has said in a statement that they are unlikely to settle with database industry giant Oracle outside the court.
SAP chief financial officer Werner Brandt said in a statement: “That is a possibility that we never ruled out, but for the moment it is not an issue. [...]
Oracle to set up a datacenter in Utah for online services
Database industry giant Oracle is all set to establish a global information technology center in West Jordan, Utah in the coming years to support their growing base of on-demand software products.
A lot of software companies are increasingly offering web based products and services which require [...]
Larry Ellison top paid executive last year
Forbes has come out with their list of the top executive salaries and Oracle boss Larry Ellison has topped the last year’s list.
His total compensation for the year 2007 was around $192.9 million.
Nabeel Gareeb of MEMC Electronic Materials was the second name in the list. Other names in the [...]
Oracle completes acquisition of BEA Systems
Oracle has announced that they have now completed the acquisition of their old rival BEA Systems.
The company has now received approval from the European Union regulatory bodies for this deal.
This is Oracle’s largest acquisition ever since they overtook the operations of PeopleSoft 3 years ago.
They have been on an [...]
Oracle post improved profits as acquired companies shine
Database industry giant Oracle has posted improved quarterly profit and revenue figures.
The company easily managed to top the market expectations.
Oracle gained from strong sales of new software programs. They have been pretty aggressive when it comes to acquiring smaller companies to expand product portfolio.
Safra Catz, Oracle’s president and [...]
Moniforce acquired by Oracle
Oracle has announced that they have now acquired Moniforce.
Moniforce is a Dutch company specializing in providing Web application performance management software.
The financial aspects of the deal have not been revealed by the two companies.
Moniforce provide applications like WebStress and WebProbe which are used by companies to measure the performance and availability of [...]
BEA Systems still looking for a possible buyer
BEA Systems might have rejected the offer from Oracle but they are still looking for a possible buyer.
The company said in a statement that they are still holding out for a $21 a share takeover offer.
Oracle had offered them a $17 a share deal which they rejected. [...]
Oracle rejects $8.2 billion acquisition demand from BEA Systems
Oracle Corp has announced that they are rejecting the offer made by BEA Systems to acquire them for a price tag of USD 8.2 billion.
Oracle has been interested in acquiring BEA but this price was rejected as they believed that the price was impossibly high for the [...]
Oracle offers an acquisition deal to BEA Systems
Oracle has announced an offer to buy rival company BEA Systems for a price of around USD 6.7 Billion.
This is their latest acquisition bid as they continue to expand their product portfolio to challenge SAP and IBM in the service industry market.
BEA Systems specializes in making middleware applications [...]
