HP Closes Landmark Mercury Acquisition; Companies Unite to Lead in Business Technology Optimization Software

HP Closes Landmark Mercury Acquisition; Companies Unite to Lead in Business Technology Optimization Software

HP today announced that it has completed its acquisition of Mercury Interactive Corp., the largest software acquisition in HP’s history. The deal integrates Mercury’s leading application management and delivery and IT governance capabilities with HP’s broad portfolio of management solutions to create a new HP Software organization that will lead the industry in business technology optimization (BTO).

“Software is an important driver of growth for HP, and we are delighted that Mercury’s products, people and customers are joining the new HP Software organization,” said Mark Hurd, HP chairman and chief executive officer. BTO is a category of software and services that helps chief information officers enhance the value and optimize the business outcomes of IT investments. Customers worldwide are adopting HP’s BTO offerings to automate critical IT functions across strategy, applications and operations.

“HP Software – the combination of HP and Mercury – is 100 percent focused on benefiting our clients. We’re about serving the CIO as a trusted partner with a singular focus on his or her success,” said Thomas E. Hogan, senior vice president, Software, HP. “IT has transformed the way business is conducted over the past 25 years. It is now time to help IT transform itself.”

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