On 09 Apr 2008 in A-Team Free, Delivery Terms, FTI-Automation, FTI-Corporate News, FTI-Provisioning, FTI-Server Technologies, FTI-Virtualisation, FinTech-Infrastructure.com 
IT automation software vendor Tideway Systems has raised a further $27 million Series C financing, led by new investor Scottish Equity Partners. This latest funding brings the total equity investment in Tideway to $37.5 million, including follow-on investments from APAX, senior management and other existing investors.
READ THE REST
On 16 Jan 2008 in A-Team Free, Delivery Terms, FTI-Application Servers, FTI-Corporate News, FTI-Event Processing, FTI-SOA, FinTech-Infrastructure.com
BEA Systems did not get the $21/share that it wanted, but the $19.375 that it accepted today from Oracle was at least a couple more bucks than was originally offered by Larry Eliison’s juggernaut back in October of last year, and valued the company at $8.5 billion. Facing a potential downturn in the market, BEA probably got as good a price as it was going to. Oracle CEO Ellison noted that the “combination with BEA gets us where we need to be [in the middleware market],” adding that there is a big overlap in the two companies’ customer bases.
READ THE REST
