January 16, 2008 6:08 AM PST
Oracle buys BEA after all (what the heck is going on today?)
Marketwatch is reporting that Oracle finally got its hands on BEA after raising their price.
Oracle agreed to lift its offer to $19.375 a share in cash, compared to the company's original bid last October of $17 a share. BEA had been holding out for $21 a share. The new proposal reflects a premium of 24% over BEA's closing price on Tuesday of $15.58. The deal also values BEA at $7.2 billion, up from Oracle's initial bid of $6.7 billionWhat the hell is going on out there? (Oh, and while cash prizes are being handed out, did I mention that MuleSource has a fabulous Mule ESB and SOA Governance Platform that big vendors should be dying for? ;)
Dave Rosenberg dishes up "Software, Interrupted" with nearly 15 years of technology and marketing experience that spans from Bell Labs to multiple start-up IPOs to open-source enterprise software companies. He is co-founder of MuleSource and currently serves as the general manager of Hardy Way. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure. You can contact Dave via e-mail at softwareinterrupted@gmail.com or follow him on Twitter @daveofdoom. 
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