Recent Articles
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Oracle Makes BEA Proposal
Oracle has announced its intention to acquire BEA Systems in a letter of proposal to the Board of Directors of BEA. The deal is a suggested $17 per share in cash, which is a 25 percent premium over Oct. 11’s closing price of $13.62. “We have made a serious proposal including a substantial premium for…
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Intel to Discontinue Verified by Intel Program
Intel will phase out its Verified by Intel initiative, designed to ensure standardization and interchangeability of notebook parts across suppliers, by the middle of 2008, the company said Oct. 11. The notebook market has matured to the point that the VBI program is no longer necessary for system builders, said Steve Dallman, manager of worldwide…
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Channel Appears Strong as Fourth Quarter Kicks In
As the fourth quarter kicks into full gear, the channel appears to be on a good footing and solution providers are looking ahead to identify areas of growth in the coming year. The fourth quarter typically is when the highest volume of sales takes place, and this year should be no different, despite some trepidation…
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Red Hat Global Desktop to Appear in November
When Red Hat announced its upcoming Linux desktop at its annual summit in May, the company predicted the Red Hat Global Desktop would be out by September. Now, delayed a bit, the new desktop Linux will be appearing in November, company executives are saying. The delay was caused, Gerry Riveros, Red Hat senior product marketing…
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Sage Software Cleans House
Taylor Macdonald, chief channel and strategy officer for Sage Software, stepped down Oct. 11 as part of an almost wholesale purge of the company’s North American executive staff. Macdonald’s position has been eliminated as Sage Group restructures its management. Also out are Sage Software CEO Ron Verni, Chief Financial Officer Jim Eckstaedt, and Chief Technology…
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BEA to Oracle: No Thanks
The board of directors of BEA Systems has declined Oracle’s offer to acquire the company at $17 per share, saying the bid “significantly undervalues” BEA, according to a report on MarketWatch.com. Oracle announced its intent to acquire BEA earlier in the day on Oct. 12. BEA’s board had sent a letter to Oracle Oct. 11…
