Is $6.7 Billion enough for BEA?

Oracle wants to buy BEA for $6.7 Billion, but does BEA really want to sell at that price, just to be gobbled up by the third largest software company in the world? It's unclear, even though offering price is a hefty negotiating tool in a software industry that continues to consolidate and fight over market share. "Oracle has been chasing Microsoft and IBM for years trying to catch up," said Zeus Kerravala, an analyst at the Yankee Group. And Oracle's acquisition of BEA would make them stronger to complete against the two giants. This would not be the first big step for Oracle: the company bought Siebel for about $6 billion in 2006. Earlier this year, Oracle also purchased Hyperion Solutions, a business software developer, for more than $3 billion.

For more on this:
- read the article in CIO-Today