Version: 2008
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July 11, 2001 7:30 AM PDT

BEA to buy Crossgain

BEA Systems has announced its intention to acquire privately held software developer Crossgain for an undisclosed amount. With the acquisition of Redmond, Wash.-based Crossgain, BEA would get a team of software engineers that it hopes can help it further develop and improve its server software applications and tools. BEA, based in San Jose, Calif., makes application-server software that allows customers to bridge various software programs and conduct e-commerce transactions. With its WebLogic server software, developers have a base on which to build and integrate e-business processes. Financial terms of the deal were not disclosed.

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