BEA’s Role in the Federal Statistical System

Saturday, June 28th, 2008

BEA is an agency of the Department of Commerce. Along with the Census Bureau and STAT-USA, BEA is part of the Department's Economics and Statistics Administration. BEA produces economic accounts statistics that enable government and business decision-makers, researchers, and the American public to follow and understand the performance of the ...

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Oracle to Buy BEA Systems for $8.5 Billion

Wednesday, June 11th, 2008

Oracle has agreed to buy BEA Systems for about US$8.5 billion, or $19.375 per share, the companies announced. BEA's board of directors turned down an initial offer from Oracle of $17 per BEA share in October, saying it "significantly undervalues BEA." Oracle in turn dismissed the BEA board's counteroffer of ...

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