HP Completes Tender Offer for Mercury Interactive and Expects to Complete Acquisition Within Several Days
Thursday, 2 November, 2006 at 5:20 pm | In Services, Software | Leave a Comment
HP today announced that it has completed its tender offer for Mercury Interactive Corp., one of the leader in Business Technology Optimization (BTO) software and services.
HP’s tender offer for all of the outstanding shares of Mercury expired at 
midnight, New York City time, on November 1, 2006. As of that time, approximately 85.7 million shares, representing approximately 96 percent of Mercury’s outstanding shares, were tendered and not withdrawn in the offer (including shares tendered by notice of guaranteed delivery). HP has accepted for payment all tendered shares.
The completion of the tender offer is the first step in HP’s two-step acquisition of Mercury. The second and final step, the merger of Mercury with an HP subsidiary, is expected to occur within the next several days.
Trimble Acquires XYZ Solutions to Enhance its Connected Construction Site Strategy with Interactive 3D Software
Thursday, 2 November, 2006 at 4:54 pm | In GPS, Software | Leave a Comment
Trimble , provider of advanced positioning solutions (best known as GPS-based service provider) today announced that it has acquired privately-held XYZSolutions, Inc. in an all-cash transaction.
XYZSolutions provides real-time, interactive 3D intelligence software to manage the spatial aspects of a construction project. The software transforms data from various sources into actionable information that can be used in the decision making process to reduce rework and improve productivity for engineering and construction professionals.
Financial terms of the transaction were not disclosed.
Avamar – the 12th purchase of EMC during the year
Thursday, 2 November, 2006 at 1:35 pm | In Software, Storages | 5 Comments
EMC Corporation, the world leader in information management and storage, announced the signing of a definitive agreement to acquire privately-held Avamar Technologies, Inc., a fast-growing provider of enterprise-class data protection software featuring industry-leading data 
de-duplication technology. EMC will acquire the Irvine, California-based company in a cash transaction valued at approximately $165 million. The acquisition is expected to be completed within 30 days and is not expected to have a material impact on EMC’s revenue or EPS for 2006.
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