Industry News Desk
SDK Goes SaaS with Virtualization
Parallels has teamed up with Smart Online to offer a Parallels software-as-a-service SDK
Feb. 24, 2008 12:30 PM
Parallels has teamed up with Smart Online to offer a Parallels software-as-a-service SDK so ISVs can produce SaaS applications. It includes virtualization templates. Gartner says the SaaS market will be worth $19.3 billion by 2011.
Carl Icahn's Magic Touch
Remember now that BEA wanted $21 and Oracle only wanted to pay $17.
What seems to have persuaded BEA to go tamely to its fate last month was the fact that that after approaching 10 likely Oracle substitutes the only other offer it had was for a possible strategic investment or commercial agreement; nobody would even execute a non-disclosure agreement or proceed past exploratory discussions, let alone contemplate acquisition.
Then suddenly at the beginning of December - after canceling a meeting at Icahn's offices in New York - BEA and Oracle are each marking up a draft merger agreement without any sweetened price being agreed - or even extended - and then without so much as a by your leave Icahn calls BEA advisor Goldman Sachs on January 11 with the Eureka price and by January 16 Oracle and BEA were executing a definitive agreement.
Reader Feedback: Page 1 of 1
Latest Cloud Developer Stories
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
SYS-CON Featured Whitepapers
Most Read This Week