January 31, 2008. The IBM purchase of Cognos is complete. Following the SAP purchase of Business Object, and the Oracle purchase of Hyperion and now BEA, finalizing the purchase of Cognos must be a relief to IBM. The deal had been in the works for months, and with the approval of Cognos shareholders has now come to pass. [More…]

On January 16, 2008, Sun Microsystems announced that it will purchase MySQL AB for a cool $1 billion. MySQL AB is known for the widely popular MySQL database. Sun Microsystems is the creator of the Java programming language and the Solaris Unix-based operating system, as well as Java support technologies such as NetBeans. [More…]

On January 16, 2008, Oracle Corporation announced that it will purchase BEA Systems for $8.5 billion. The announcement comes three months after BEA rejected an initial offer of $17 a share. The new offer of $19.38 a share is 14% higher than the original, and 24% higher than the closing price of $15.58 on the day the deal was made. [More…]