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 billion
What 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.
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