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Is A Weakening Economy Behind The Oracle-BEA Deal?

Written by Evan Schuman
January 17th, 2008

When Oracle got BEA this week to agree to an $8.5 billion buyout–significantly lower than what BEA had been insisting on–is it further evidence of rough economic waters ahead?

Oracle’s ability to negotiate a $19.38 share price (BEA had been insisting on $21/share) is the work of both investor Carl Icahn and “increasing fears that a slowing U.S. economy could damp global spending by businesses on technology, adding to the financial pressures on small vendors trying to remain independent,” according to this thought-and-fear-provoking Wall Street Journal story.

Posted in E-Commerce, IT Strategy/Industry
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