Mercury Interactive Corporation (MIC), used to develop and market a suite of automated software testing solutions and services to the business technology. Mercury Interactive Corp. Klein (2007) 158 Cal.App.4th 60 158 Cal.App.4th 60. LawLink is the first social network for the legal community.
Acquisition positions company as a market leader in IT management software PALO ALTO, Calif., July 25, 2006 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. Upon closing, the acquisition will establish HP's portfolio of IT management software and services as the clear choice for companies seeking to optimize the value that IT brings to business. 'Today, we are combining two market-leading businesses to create the most powerful management software portfolio in the industry,' said Mark Hurd, HP chief executive officer and president. 'Together, they will help customers cut their IT costs, speed the delivery of new services and drive profitable growth at HP. We expect this important acquisition to deliver significant value for our shareholders.'