Regulators OK Oracle-BEA MergerRegulators OK Oracle-BEA Merger

<a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aKSl9B1pQHoE&refer=home">Bloomberg</a>

Jim Manico, OWASP Global Board Member

February 27, 2008

1 Min Read
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The U.S. Department of Justice and Federal Trade Commission have given their thumbs up to Oracle's proposed $8.5 billion acquisition of middleware vendor BEA.Next on tap: a special stockholder meeting on April 4 to vote on the merger, plus clearance from the European Commission. The deal won unanimous approval from BEA's board last month after being initially rejected in October.

"The addition of BEA products and technology will significantly enhance and extend Oracle's Fusion middleware software suite," said Oracle CEO Larry Ellison in a statement when the deal was first announced. The purchase will be Oracle's biggest since it acquired PeopleSoft in 2005.Bloomberg

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About the Author

Jim Manico

OWASP Global Board Member

Jim Manico is a Global Board Member for the OWASP foundation where he helps drive the strategic vision for the organization. OWASP's mission is to make software security visible, so that individuals and organizations worldwide can make informed decisions about true software security risks. OWASP's AppSecUSA<https://2015.appsecusa.org/c/> conferences represent the nonprofit's largest outreach efforts to advance its mission of spreading security knowledge, for more information and to register, see here<https://2015.appsecusa.org/c/?page_id=534>. Jim is also the founder of Manicode Security where he trains software developers on secure coding and security engineering. He has a 18 year history building software as a developer and architect. Jim is a frequent speaker on secure software practices and is a member of the JavaOne rockstar speaker community. He is the author of Iron-Clad Java: Building Secure Web Applications<http://www.amazon.com/Iron-Clad-Java-Building-Secure-Applications/dp/0071835881> from McGraw-Hill and founder of Brakeman Pro. Investor/Advisor for Signal Sciences.

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