Feeds

BEA cuts down Plumtree for $200m

Portal payout

Next gen security for virtualised datacentres

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.