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Oracle Corporation, Microsoft Corporation and Sun Microsystems are some of BEA Systems chief competitors. (Marketline 2006, para. 1)
Despite introducing new product lines, new license revenue has been tepid or has declined over the past two years. CNN Money website reported BEA is still trying to recover from the mishandling of employee stock options. This has prevented the company from meeting regulatory deadlines to file quarterly and annual financial statements. According to Shankland, billionare investor Carl Icahn has been urging the company to put itself up for sell. Oracle Corporation, One of BEA Systems major competitors, offered to purchase the company for $6...
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