The Insider's Guide to Next-Generation BPM
03/01/2006
BEA Systems, Inc. (NASDAQ: BEAS) today announced that it has acquired Fuego, Inc. for $87.5 million in cash.
The following release was provided:
Fuego is widely recognized as a pioneer and leader in the business process management (BPM) software industry. The company specializes in providing SOA solutions to help companies orchestrate and continuously 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 $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 $1 billion dollars by 2008.
Fuego was founded in 1999 and has over 100 employees. The company's customers include Southwest Airlines, United Healthcare, JPMorganChase and British Petroleum. FuegoBPM is a comprehensive, advanced software platform for business process management. Fuego helps businesses increase operational efficiencies, reduce costs and increase profitability, by improving workflow with flexible SOA/BPM systems. The FuegoBPM suite has been used in over 170 production BPM implementations with 100% success rate and referenceability. The FuegoBPM suite was ranked number one — over Oracle and other notable companies — in Business Process Management Suites by Network Computing Magazine.
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June 3, 2009
One of the most compelling trends in the enterprise business technology space over the past year has been the emergence of cloud computing. In ebizQ’s upcoming Qcamp virtual un-conference, leading industry experts and practitioners will explore the role of service-oriented architecture (SOA) and business process management (BPM) in supporting cloud-computing initiatives. Additionally, the new skills that developers and IT managers need for successful cloud development will be discussed.Register
Date:Apr 07, 2010
Time:13:00 PM
ET- (17:00 GMT)
Date:Apr 07, 2010
Time:12:00 PM
ET- (16:00 GMT)
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