Wednesday, July 26, 2006

H.P. to Pay $4.5 Billion to Acquire Mercury - New York Times

H.P. to Pay $4.5 Billion to Acquire Mercury - New York Times: "While Hewlett-Packard has reported that revenue from its OpenView software, which manages a corporation's servers, data storage and computer networks, has been growing about 20 percent year over year, the overall software unit has not been very profitable.
The Mercury acquisition could change that because it gives the combined companies more products to sell. It doubles the size of H.P.'s software business to more than $2 billion in annual revenue."

Maybe this is the one area in which HP can be a successful software company. E.g., anybody else remember Bluestone?...

No doubt lots of interesting planning meetings today at, e.g., BMC, CA, Compuware, and IBM Tivoli, in any case.
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