Oracle-BEA Systems Merger

Janusz Ordover, Duncan Cameron, and a Compass Lexecon team in Los Angeles provided economic analysis for Oracle in its $8.5 billion proposed acquisition of BEA Systems. The deal between two of the world’s largest software innovators involved the combination of two prominent suppliers of application servers and other “Middleware” software. Compass Lexecon was able to demonstrate that, for a variety of reasons, the degree of direct competition between the companies was small, and the potential synergies from the deal were significant. The deal was given the green light by the U.S. Department of Justice in March and was recently completed. Oracle was represented by Dan Wall of Latham & Watkins LLP.