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SAN FRANCISCO -- BEA Systems(BEAS Quote) had been a reluctant buyout candidate. However, after years of rumored deals that never proved true, the software developer finally hitched its wagon Wednesday to arch competitor Oracle(ORCL Quote).
The Redwood City, Calif. software conglomerate dug deeper into its pockets to add BEA to its stable of software acquisitions for a cool $7.2 billion, net of BEA's cash on hand.
Oracle persevered in order to become the No. 1 middleware provider, dislodging IBM(IBM Quote) from that spot. ...
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