On January 16, 2008, Oracle announced that it has entered into an agreement to acquire BEA Systems, Inc., a leading provider of enterprise application infrastructure solutions. The proposed transaction is subject to closing conditions, including regulatory, shareholder and other approvals. Until the deal closes, each company will continue to operate independently, and it is business as usual.
The addition of BEA is expected to accelerate innovation by bringing together two companies with a common vision of a modern service-oriented architecture (SOA) infrastructure and will further increase the value that Oracle delivers to its customers and partners. Oracle provides leading database and SOA solutions, while BEA provides world-class, open-standards Java-based application products and a highly scalable messaging and transaction processing platform. Together, Oracle and BEA will provide a series of complementary middleware solutions, including identity management, business intelligence and performance management, enterprise content management, and vertical-specific technologies like a communications service delivery platform.
Customers are expected to benefit from both the combined Oracle and BEA solutions, and a stronger, more scalable software vendor. With the combined solutions, customers can maximize data center investments, preserve investments in existing enterprise applications, manage existing Web-based applications better, and develop new Web-based applications faster. The combination of Oracle and BEA will bring together the leading product development experts in open-standards technology, provide a larger global footprint of sales and services professionals to address customer needs, ensure a more consistent level of support across multiple product areas from a single vendor, and provide a larger network of partners to deliver solutions using this application infrastructure technology.
After the closing, Oracle intends to preserve and enhance customers’ investments in BEA products as Oracle has done with its other acquisitions, while Fusion Middleware will continue to be the center of Oracle’s current and future middleware and applications strategy. After the closing, BEA customers can continue to use their existing BEA products going forward, or choose to use Oracle and BEA products as part of the ongoing evolution of Fusion Middleware. Either way, it will be the customer’s choice.
We are dedicated to maintaining and increasing the quality of innovation, support, and service you have come to expect from Oracle and BEA. To learn more about the BEA acquisition, please visit oracle.com/bea.
Cautionary Statement Regarding Forward-Looking Statements
Additional Information about the Merger and Where to Find it
Oracle, BEA and their respective directors, executive officers and other members of its management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of BEA stockholders in connection with the proposed merger. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Oracle’s executive officers and directors in the solicitation by reading the proxy statement and other relevant materials filed with the SEC when they become available. Information concerning the interests of BEA’s participants in the solicitation, which may, in some cases, be different than those of BEA stockholders generally, is set forth in the materials filed with the SEC on Form 10-K and will be set forth in the proxy statement relating to the merger when it becomes available.