M&A everywhere

Oracle -> BEA

Oracle -> Captovation

Microsoft -> FAST

EMC -> Document Sciences

SAP -> Business Objects

IBM -> Cognos


Fatwire and Interwoven also acquired other smaller, niche players.

So what are the implications? Convergence? Less choice? Less innovation?  Blurring lines between competitors and partners? Alliance realignments? Less confusion in the marketplace (or is it more)? EMC is the only one among the bigger vendors that does not have a portal and middleware offering. So will they acquire another company?