BEA Systems

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BEA Systems, Inc.
Company type Public
Nasdaq: BEAS [1]
Industry Software Company
Founded1995;29 years ago (1995)
Founder Bill Coleman
Ed Scott
Alfred Chuang
DefunctApril 29, 2008;15 years ago (2008-04-29)
FateAcquired by Oracle Corporation
Headquarters San Jose, California, United States
Products Tuxedo, WebLogic, AquaLogic
RevenueIncrease2.svg US$ 1.535 billion (2008)
Increase2.svgUS$208.2 million (2008)
Website Oracle and BEA

BEA Systems, Inc. was a company that specialized in enterprise infrastructure software products, which was wholly acquired by Oracle Corporation on April 29, 2008. [2]

Contents

History

BEA began as a software company, founded in 1995 and headquartered in San Jose, California. It grew to have 78 offices worldwide at the time of its acquisition by Oracle.

The company's name is an initialism of the first names of the company's three founders: Bill Coleman, Ed Scott, and Alfred Chuang. All were former employees of Sun Microsystems, and launched the business in 1995 by acquiring Information Management and Independence Technologies. These firms were the largest resellers of Tuxedo , a distributed transaction management system sold by Novell. BEA soon acquired the Tuxedo product itself, [3] [4] and went on to acquire other middleware companies and products.

In 1998, BEA acquired the San Francisco start-up WebLogic, which had built the first standards-based Java application server. WebLogic's application server became the impetus for the Sun Microsystems' J2EE specification and formed the basis of BEA's WebLogic application server sold today.[ citation needed ]

They were a sponsor for Team Rahal (now Rahal Letterman Lanigan Racing) from 2002 to 2008, which included Buddy Rice's 2004 Indianapolis 500 win and Vitor Meira's 2005 Indianapolis 500 runner-up finish. [5]

In 2005, BEA launched a new brand identity with the slogan "Think Liquid.". [6] BEA also announced a new product line called AquaLogic, which is an infrastructure software family for service-oriented architecture (SOA). The same year, it made its entrance into telecommunications infrastructure through the acquisition of Incomit, a Swedish telecommunications software provider. [7] In late 2005, the company announced the acquisitions of Compoze Software, a provider of collaboration software, [8] M7, an Eclipse-based tools company, [9] and SolarMetric, editors of the Kodo persistence engine. [10]

The acquisitions continued in 2006 with Plumtree Software, an enterprise portal company; Fuego, a business process management (BPM) software company; and Flashline, a metadata repository company. These acquisitions have since become parts of the AquaLogic SOA product stack.

On October 12, 2007, Oracle announced their intent to buy BEA Systems for $6.7 billion. [11] As a result of the offer, BEA's stock price rose over five dollars upon the opening of trading for the day. [12] BEA turned the offer down the same day, saying that the company is "worth substantially more". [13] On January 16, 2008, Oracle signed a definite agreement to buy BEA for $8.5 billion. It is believed that Carl Icahn, one of the company's most prominent shareholders, was the main reason that the deal happened. [14]

On April 29, 2008, Oracle completed its acquisition of BEA. [15]

Products

BEA had three major product lines:

  1. Tuxedo, now Oracle Tuxedo – transaction-oriented middleware platform
  2. BEA WebLogic, now Oracle WebLogic Server – Java EE enterprise infrastructure platform
  3. AquaLogic, now Oracle Service Bus – service-oriented architecture (SOA) platform

BEA started out with the Tuxedo software product, but currently the products they are best known for in the computer industry are the WebLogic product family, which consists of WebLogic Server, WebLogic Workshop, WebLogic Portal, WebLogic Integration, and JRockit. In 2005, BEA launched a new product family called AquaLogic for service-oriented architecture deployment. They have also entered the telecommunications field with their WebLogic Communications Platform, which includes WebLogic SIP Server and WebLogic Network Gatekeeper, technologies obtained through the acquisition of Swedish telecommunications software company Incomit. [7] [16] BEA also has a product offering for the RFID market called the BEA WebLogic RFID Product Family.

AquaLogic

BEA Systems produced the AquaLogic software suite for managing service-oriented architecture (SOA). It includes following products:

See also

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References

  1. ↑ "SEC".
  2. ↑ "Oracle Completes Acquisition of BEA Systems". Archived from the original on March 20, 2011. Retrieved March 29, 2011.
  3. ↑ Andrade, Juan M.; et al. (1996). The TUXEDO System: Software for Constructing and Managing Distributed Business Applications . Addison-Wesley. pp. xxxiv. ISBN   0-201-63493-7.
  4. ↑ "Novell and BEA Systems, Inc. Complete Transition of TUXEDO to BEA" (Press release). BEA Systems, Inc. February 28, 1996. Retrieved April 7, 2008. BEA is the exclusive developer and distributor of the TUXEDO System on UNIX, NT, and all non-NetWare platforms, and Novell will develop TUXEDO-based applications for NetWare. In addition, most Novell TUXEDO employees, including development and marketing personnel, have joined BEA, and BEA has assumed all contracts with TUXEDO partners, distributors, and customers. BEA has exclusive rights to the TUXEDO trademark.
  5. ↑ "Team History". Rahal Letterman Lanigan. November 30, 2017. Retrieved January 5, 2023.
  6. ↑ "BEA Systems Launches New Brand Identity, Challenges IT Industry to "Think liquid."". Lexdon Business Library. June 9, 2005. Archived from the original on September 27, 2007. Retrieved March 25, 2008.
  7. 1 2 BEA buys Incomit to beef up telecom software
  8. ↑ "BEA Completes Acquisition of Compoze Software" (Press release). BEA Systems, Inc. July 23, 2005. Retrieved July 23, 2005. Compoze Software also enables portal customers to easily integrate Instant Messaging applications from Yahoo!, Lotus Sametime and Microsoft Live Communication Server, as well as the ability to incorporate threaded discussions and group "white-boarding" to any portal.
  9. ↑ "BEA Takes Aggressive Step to Further Leadership in Developer Tools Market; Acquires Eclipse-based Company M7" (Press release). BEA Systems, Inc. September 28, 2005. Retrieved April 10, 2008. M7 offers an Eclipse-based Integrated Development Environment (IDE) called NitroX that offers unparalleled support for the development of sophisticated web applications based on open source and industry standard frameworks, including Struts, Hibernate, Java Server Faces and JavaServer Pages.
  10. ↑ "BEA Systems Acquires SolarMetric, Inc.; Grabs Lead in Java EE 5 and Persistence Race" (Press release). BEA Systems, Inc. November 3, 2005. Retrieved April 10, 2008. SolarMetric, widely respected for its persistence technology around JDO, will help BEA achieve faster time to market with its flagship WebLogic Server product.
  11. ↑ "Oracle offers $6.7 billion for BEA Systems". KING-TV. Associated Press. October 12, 2007. Archived from the original on October 14, 2007. Retrieved October 12, 2007.
  12. ↑ "BEA Systems, Inc. stock price". Google Finance. October 12, 2007. Archived from the original on October 16, 2007. Retrieved October 12, 2007.
  13. ↑ Finkle, Jim (October 12, 2007). "BEA rejects $6.7 billion Oracle offer". Yahoo! News. Archived from the original on October 16, 2007. Retrieved October 15, 2007.
  14. ↑ Turton, Stuart (January 16, 2008). "Oracle finally bags BEA". PC Pro. Archived from the original on March 21, 2008. Retrieved March 25, 2008.
  15. ↑ Corporate Information: Management and Board of Directors
  16. ↑ Bloomberg Businessweek - BEA Systems Sweden Telecom AB [ dead link ]
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