In Oracle and BEA Systems purchase proposition - - BEA "is underestimation", that the presentation of 1 stocks 17 dollar (sum total 67 hundred million

The United States Oracle October 12th, announced that it is the plan which purchases the United States BEA Systems. Oracle per 1 stocks submitted the document which records a purchase presentation amount of 17 U.S. dollars (with sum total approximately 67 hundred million U.S. dollars) to the board of directors applying of BEA. According to Oracle 1 stocks 17 dollar as for the presentation amount which is said, you say that it was decided as the amount which adds 25% premium in BEA stocks final value of 11 days.

According to Oracle, this document have assumed that it is something which shows the fact that the preparation which is advanced already it has been prepared to the process which reaches to the purchase agreement where the same company is formal. The Charles Philips of same company president has commented as follows.

"This corporation serious proposition did with the face value which adds suitable premium vis-a-vis BEA. It is the highest arrival point of the conversation where the management of BEA which we think, that the latest purchase offer, offers the highest value to the shareholder, the employee and the customer of BEA, span these several years occurs repeatedly, you expect that it is quick as much as possible, completes job in an effective way ",

Continuing, Philips after purchase actualizes, supported sufficiently naturally, vis-a-vis the customer and the product of BEA, emphasized that investment of the customer of BEA is protected.

"As for participation of continuous support, you think that it was sufficiently shown with the match to the product which people software and Oracle which includes the sea bell obtain with purchase. In BEA, that does not change completely. If Oracle can acquire BEA, strengthening the engineering resource which promotes middleware product development in the entire world becomes possible. And, this becomes something which brings benefit for the both customers of Oracle and BEA ", (Philips)

BEA of one side on the 12th, recognizes the fact that board of directors of the same company receives the document of the purchase proposition from Oracle, announcing the declaration sentence which is entitled "problem declaration according to the proposition which Oracle has not asked", states the attitude which returns proposition.

As for William the business planning & development charge vise President of BEA, "as for us, regards the management where this corporation does with Oracle so far and checking recently after, that it judged that per 1 stocks 17 dollars the latest proposition which includes the presentation amount which is said, is something which appraises the enterprise, BEA rather too small," you commented, you showed the intention which does not accept the purchase proposition of Oracle.