The deal brings to an end month of acrimony between the companies, after BEA had rebuffed earlier bids from Oracle. It also brings to more than US$35 billion the amount that Oracle has spent on acquisitions over the past three years.
The California-based Oracle has acquired in recent years PeopleSoft and Siebel among dozens of other smaller business software companies.
Oracle chief executive Larry Ellison said the addition of BEA products and technology would enhance and extend Oracle's Fusion middleware software suite.
“Oracle Fusion middleware has an open ‘hot-pluggable’ architecture that allows customers the option of coupling BEA's WebLogic Java Server to virtually all the components of the Fusion software suite,” Mr Ellison said.
“That's just one example of how customers can choose among Oracle and BEA middleware products, knowing that those products will gracefully interoperate and be supported for years to come,” he said.
Mr Ellison said its combination with BEA gave the company a leadership position “at every level of the software stack.”
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