HP Software

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HP Software is the new brand name of software packages from Hewlett Packard, following the acquisition of Mercury Interactive for $4.5 billion USD in July of 2006.[1] The name change affects all HP "OpenView" and Mercury Interactive "Mercury" software, with the pre-existing products being renamed (usually by dropping the "OpenView" or "Mercury" prefix) to fit this new standard.

HP purchased four further software companies, Opsware, SPI Dynamics, Bristol Technology`, and Peregrine, spending $1.6 billion USD on Opsware, a company that offers products and services for provisioning and configuring servers and network infrastructure. Tom Hogan, senior vice president of HP Software, said "We are looking to grow more in the software business," adding that quick growth "can't all be organic growth." The company is "committed to massively elevating the strategic relevance of HP software", Hogan said. "[Software is] the fastest-growing and most profitable line of business within HP... and from a margin basis, the most profitable."[2]

[edit] See also

[edit] References

  1. ^ "H.P. to Pay $4.5 Billion to Acquire Mercury", The New York Times, 2006-07-26. Retrieved on 2008-01-23. 
  2. ^ "No slowdown in HP's software expansion quest", news.com, 2007-11-29. Retrieved on 2008-01-23. 

[edit] External links

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