Wednesday, January 16, 2008

Something to be said for old communication methods

In this case, the "old" communication method is electronic mail (remember that?).

One of my co-workers sent this email to me:

Busy day today.

Oracle just bought BEA and Sun bought MySQL.

For some reason, KFI and KROQ covered neither of these stories on my way into work today. So I had to turn to PR Newswire to get a tidbit:

Carl C. Icahn Issues Statement Concerning Oracle Acquisition of BEA

NEW YORK, Jan. 16 /PRNewswire/ -- Today, BEA Systems, Inc. (Nasdaq:
BEAS) announced that it has entered into a merger agreement with Oracle
Corporation (Nasdaq: ORCL) pursuant to which Oracle has agreed to acquire
BEA Systems for $19.375 per share, or an aggregate transaction value of
approximately $8.5 billion. Affiliates of Carl C. Icahn, which hold nearly
13% of BEA's common stock, agreed with Oracle to vote their BEA shares in
favor of the merger.

Carl C. Icahn stated that, "This transaction is an excellent example of
the great results that can be achieved for all constituencies when the
shareholder activist is able to work cooperatively with management."

And I found out more about the other deal from a 70s rock star. Wonder if he still has the mustache and the anglofro. (OK, Mr. Oates, you can kill me now.)

Sun pulls MySQL into its orbit
By John Oates → More by this author
16 Jan 2008 14:53
Pays $1bn for Web's favourite free database

Again, this proves the point that I made yesterday about needing multiple sources for information.

You need to rely upon multiple information sources, in case some of your sources go down. (If you only rely on one information source, and it goes down, then how do you know where to go to get the information?)

Presumably I would have picked this up if I had been monitoring Twitter this morning - there are several Oracle employees that I follow on Twitter - but it's good to have other sources available.

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