BEA Systems, Inc. announced that it has acquired Fuego, Inc. Fuego is a 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 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.

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.

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