Feeds

BEA cuts down Plumtree for $200m

Portal payout

Build a business case: developing custom apps

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. ®

The essential guide to IT transformation

More from The Register

next story
True fact: 1 in 4 Brits are now TERRORISTS
YouGov poll reveals terrible truth about the enemy within
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
prev story

Whitepapers

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.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
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?