Feeds

BEA cuts down Plumtree for $200m

Portal payout

The next step in data security

BEA shoved a big, fat thumb into the portal pie on Monday with the $200m buy of Plumtree software.

The all-cash deal will see BEA plunk down $5.50 per share for Plumtree and assume the company's outstanding options. Should shareholders and regulators approve the purchase, it would likely close before year end. BEA - one of the leading application server makers - has been looking to expand beyond its roots and with Plumtree on its side would have a healthier portal business.

"The portal is becoming the major point of integration in the enterprise," said Alfred Chuang, CEO at BEA. "Customers will benefit from the powerful combination of BEA as the leader in portal, application and service infrastructure, and Plumtree, as the leader in portal and collaboration software. The acquisition of the Plumtree portfolio will make BEA the leading provider of the most open, extensible and standards-based J2EE, .Net and Service-Oriented platform in the industry."

Can you feel the excitement?

Once the transaction closes, Plumtree's assets will be revamped to form a new BEA product unit. Plumtree's CEO John Kunze and BEA's CTO Mark Carges will oversee the union of the two companies' code and personnel.

Plumtree lays claims to more than 700 customers and 21m users, including the likes of Starbucks and the US Navy. It employs close to 400 people and is based here in the Bay Area.

In June, BEA kicked off a new branding campaign and product strategy. It has been under pressure from the likes of IBM, Oracle and open source players, and analysts have called for the company to present a clearer growth path toward. Many see BEA as a major acquisition target despite its preference to remain a neutral ISV.

Plumtree would help BEA build out its portal business and push its middleware portfolio closer to end users. ®

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Bono: Apple will sort out monetising music where the labels failed
Remastered so hard it would be difficult or impossible to master it again
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.