He stated the $17-a-share bid was reasonable and in line with multiples for preceding deals Oracle has done with companies such as PeopleSoft and Siebel.
BEA didn't return calls seeking comment. Oracle's Fusion middleware is not perceived as a solid competitor to comparable software from BEA, IBM, Tibco or Software AG's webMethods, Bart Narter, senior analyst with consulting firm Celent, said in a statement. BEA's products could replace Oracle's offerings in this arena to give it a level playing field with regard to service-oriented architecture.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,218.70 | 1,089.89 | 2,145.23 | 34.63 |
Oil *
77.87
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DOWN
8.24
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DOWN
3.18
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DOWN
8.83
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DOWN
0.23
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10 Yr
3.46%
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-0.66%
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