The consolidation train sped on in January. In a direct challenge to IBM’s dominance, Oracle announced its plan to pay $8.5 billion for long sought-after BEA to beef up its middleware offerings for enterprise resource planning (ERP) interfaces. On the same day, rival SAP completed its $6.8 billion takeover of business intelligence company Business Objects, first announced in October, and simultaneously introduced nine joint products including the financial performance management suite. Oracle, IBM and SAP keep upping the ante in their bids to dominate the business software market, with Hewlett-Packard also showing interest. Oracle CEO Larry Ellison, called the acquisition “a big step forward” in its campaign to become the business software vendor of choice.” Software buyers shouldn’t be affected, says Ian Finley, research director at AMR Research Inc. Oracle will support and enhance both lines, before developing a line that fuses the best of both. “And then, it will provide an upgrade path to make migration easy,” says Finley. Other consolidations could follow, analysts say. Smaller enterprise portal makers still on the field include Tibco Software and i2 Technologies

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.