Summary
This 8-K/A filing by Oracle Corporation (ORCL) on June 4, 2008, serves as an amendment to a previous filing, primarily to provide financial information related to its acquisition of BEA Systems, Inc. Investors should note that Oracle has incorporated BEA's audited consolidated financial statements for the fiscal year ended January 31, 2008, by reference from BEA's own 10-K filing. This amendment also includes unaudited pro forma condensed combined financial statements, offering a look at Oracle's financial position as if the acquisition had occurred prior to these periods. The key takeaway for investors is the official incorporation of BEA's financial data and the presentation of pro forma results, which are crucial for understanding the potential impact and scale of the BEA acquisition on Oracle's consolidated financial performance. The filing also includes the consent of BEA's independent auditors, Ernst & Young LLP, as required.
Key Highlights
- 1Oracle (ORCL) filed an 8-K Amendment (8-K/A) on June 4, 2008, related to the acquisition of BEA Systems, Inc.
- 2Audited consolidated financial statements of BEA Systems, Inc. for the year ended January 31, 2008, are incorporated by reference.
- 3Unaudited pro forma condensed combined financial statements for the acquisition of BEA are included as Exhibit 99.2.
- 4These pro forma statements cover periods including the nine months ended February 29, 2008, and the year ended May 31, 2007.
- 5The filing includes the consent of Ernst & Young LLP, BEA's independent auditor, regarding BEA's financial statements.
- 6This amendment provides essential financial data for investors to assess the impact of the BEA acquisition.