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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.

Posted by Shiv Singh at 6:41 pm in News + Features

This entry was posted on Monday, August 22nd, 2005 at 6:41 pm and is filed under News + Features. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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