BEA Systems has acquired Fuego, Inc, a business process management (BPM) software company that specializes in providing SOA solutions to help companies orchestrate and improve business processes among people, applications and organizations. The Fuego portfolio will become a part of the fast-growing BEA AquaLogic product family and will serve as the foundation of the new BEA AquaLogic Business Service Interaction product line. The transaction has already closed for a purchase price of approximately USD 87.5 million in cash plus amounts for certain retention and performance bonuses.
"We are systematically targeting the fastest growing segments of the red-hot SOA software market," stated Alfred Chuang, Chairman and CEO of BEA Systems, Inc. "The addition of Fuego to our AquaLogic portfolio means that we are now the only company to offer a unified SOA-based platform to integrate business processes, applications, and legacy environments."
The business process management software market is one of the fastest growing segments within infrastructure software and is estimated to top USD 1 billion dollars by 2008.
