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Hewlett-Packard Nixes BEA Buy

Posted Nov 21, 07 12:48 PM CST in Business,  Technology 

(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.”

Source Reuters

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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...   (Associated Press)
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...   (Associated Press)
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