Monday, August 22nd, 2005
BEA aquires PlumTree
BEAS), and Plumtree Software, Inc. (NASDAQ:PLUM), today announced that the companies have entered into a definitive agreement under which BEA will acquire Plumtree for approximately USD$200 million in cash. Plumtree Software provides enterprise portal solutions to connect disparate work groups, IT systems and business processes. This is the latest example of the consolidation that is happening in the portal space.
