Monday, July 23, 2007

HP to acquire software maker Opsware for $1.6 bln

(Reuters) - NEW YORK, July 23 - Computer and printer maker Hewlett-Packard said on Monday that it would acquire Opsware Inc. for $1.6 billion to bolster its line-up of business software offerings.



HP said it would tender for all outstanding shares of Opsware, a supplier of software used to automate computer data centers, at $14.25 each, a 38.6 percent premium to Opsware's closing price of $10.28 on Nasdaq on Friday.


Read more at Reuters.com Mergers News

No comments: