In a press release yesterday, ComputerWorld reports that Oracle is slated to buy BEA for $8.5 billion dollars. BEA best known for it’s Tuxedo middleware application server and their Weblogic webserver, both heavily used and licensed for another of Oracle’s recent purchases, the 800lb gorilla that everyone loves to hate, PeopleSoft, the Flagship of Enterprise Resource Planning (ERP) applications.

What does this mean for BEA’s products? At this point anyone who knows isn’t saying, however another press conference is scheduld for 1/17 where more details should be released.