Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Guy Buys $123 Safe on eBay, Finds $26,000 Inside Seller tries to get half the cash back, fails »

Hewlett-Packard Nixes BEA Buy

ITer says it's best to remain neutral between software companies

By Jonas Oransky,  Newser Staff

Posted Nov 21, 2007 12:48 PM CST
Email

(Newser) – “We are the Switzerland of these heterogenous environments,” a Hewlett-Packard exec said by way of explaining why his company is not interested in acquiring BEA, after BEA rejected an offer from Oracle as too low. HP is a partner of BEA’s, the company's software chief said, but HP has similar relationships with BEA rivals.

HP supports their software as well—in order to provide customers with the most  options. “I think we would lose our agnostic position,” the exec said. “Strategically I think it has a lot of risk associated with it.”

A Hewlett Packard Presto HP A10 Printing Mailbox appears with a color printed page, in Boston, Monday, June 11, 2007. The Presto, which has to be plugged into an outlet and an active phone jack and fed with an ink cartridge and plain white paper, functions as an e-mail program...
A Hewlett Packard Presto HP A10 Printing Mailbox appears with a color printed page, in Boston, Monday, June 11, 2007. The Presto, which has to be plugged into an outlet and an active phone jack and fed...   (Associated Press)
In this demonstration of HP's Color Matching technology, a woman holds a specially designed color chart near her skin while her picture is taken using a mobile phone camera. The image is sent from the phone via MMS to an advisory service, and seconds later a text reply arrives with...
In this demonstration of HP's Color Matching technology, a woman holds a specially designed color chart near her skin while her picture is taken using a mobile phone camera. The image is sent from the...   (Associated Press)
At an evening gala Wednesday, Sept. 5, 2007, on the eve of New York's illustrious Fashion Week, HP showed off a host of personal computing products. Consumers can set their computers apart with customizable skins by designers Cath Kidston, Vladimir Kagan and Naeem Khan, available exclusively through HP. (Photo
At an evening gala Wednesday, Sept. 5, 2007, on the eve of New York's illustrious Fashion Week, HP showed off a host of personal computing products. Consumers can set their computers apart with customizable...   (Associated Press)
HP Halo Collaboration Studio (C) HP (Photo
HP Halo Collaboration Studio (C) HP (Photo   (Associated Press)
An exterior view of Bea Systems headquarters in San Jose, Calif. is seen Monday, Oct. 15, 2007. Business software maker BEA Systems Inc. plans to let rival Oracle Corp.'s $6.7 billion takeover offer expire this Sunday, a move likely to intensify the pressure on management to prove the...
An exterior view of Bea Systems headquarters in San Jose, Calif. is seen Monday, Oct. 15, 2007. Business software maker BEA Systems Inc. plans to let rival Oracle Corp.'s $6.7 billion takeover offer...   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Be the first to comment on this story.

Blogger: BEA CEO expects barbarians at gates to depart soon
gadget life blog

Oracle is vying for an IT clean sweep
AlphaPatriot Blog

 
mergers and acquisitions • Switzerland • Oracle • BEA Systems • Hewlett-Packard

More Newser Stories

Economic Worries Propel Silicon Valley Deals

Oracle Drops $6.7B Offer for BEA Buyout

BEA Says It’s Worth $8.2B

Antsy Oracle Sets BEA Takeover Deadline

HP Sues Mark Hurd Over Trade Secrets
NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne