10/21/2005

BEA Closes Acquisition of Plumtree Software

Filed under: Aviran Mordo @ 9:50 am

BEA Systems, Inc. (Nasdaq: BEAS) today announced it has closed its acquisition of Plumtree Software, Inc. (Nasdaq: PLUM). Plumtree Software provides enterprise portal solutions to connect disparate work groups, IT systems and business processes. Its portfolio features the industry’s only cross-platform portal, running on both J2EE and .Net.

“The portal is becoming the point of integration in the enterprise,” said Alfred Chuang, chairman and chief executive officer, BEA Systems, Inc. “Plumtree is a leader in the market for collaborative portals that enhance enterprise connectivity and productivity. BEA is a leader in high-volume, transactional portals for customer and partner interaction as well as internal operations. Today, BEA provides the most complete portal portfolio that spans J2EE and .Net, providing a balanced perspective or view within the enterprise on both the people and operational side of the business.”

 

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