PPM / EPM Software Market: HP Acquires Mercury ...

HP acquires Mercury and creates a $2B software line of business. The software LOB seems like a complementary fit - infrastructure software and application management / EPM governance software. It was inevitable that Mercury would be acquired, given the consolidating EPM market. HP paid a sizable premium - a nice bonus for Mercury shareholders given delisting. Mercury customers should be delighted - some stability - and likely continuing investment in the application suite. ...

... "HP 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. " ...

PPM / EPM Software Market: HP Acquires Mercury: Via HP: HP To Acquire Mercury Interactive Corp.