HP to acquire Mercury Interactive

Today, HP announced their acquisition of Mercury Interactive.

HP today announced that it has signed a definitive agreement to purchase Mercury Interactive Corp., a leading IT management software and services company, through a cash tender offer for $52.00 per share, or an enterprise value of approximately $4.5 billion, which is net of existing cash and debt.

This comes after the acquisition of Peregrine in September 2005.

HP portfolio in the Business Service Management, Enterprise consolidation and optimization is now very comprehensive.

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