Mercury Interactive

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HP Mercury (formerly Mercury Interactive) is a subsidiary of Hewlett-Packard that is a market leader in automated software quality assurance and offers products in other areas such as diagnostics, monitoring, and IT governance. Mercury was founded in 1989 and is based in Mountain View, California. Its largest R&D facility is in Yehud, Israel, and has many offices around the world. On July 25, 2006 Hewlett-Packard announced that it would pay $4.5 billion to acquire Mercury, offering to pay $52 a share, which was a 33 percent premium over its close of $39 a share on the day of the announcement. Mercury became part of HP as of November 7th, 2006.

[[Category:]]Ε== Acquisitions ==

Systinet (formerly named IdooX) was an independent software vendor of registry and enablement products for standard service-oriented architecture (SOA). On February 1, 2006, Systinet was acquired by Mercury Interactive.

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From 4 January 2006, until its purchase by Hewlett-Packard, Mercury was traded via Pink Sheets as a result of being delisted from the NASDAQ due to noncompliance with filing requirements[1]. This situation occurred as a result of Mercury having to restate financial results due to improprieties by executive management regarding stock options backdating. The executive officers who precipitated the delisting, Chief Executive Officer Amnon Landan, Chief Financial Officer Douglas Smith, and General Counsel Susan Skaer, resigned on November 2, 2005 when it became known that these officers were aware of, and participated in, the manipulation of stock options purchase dates on 49 occasions between 1995 and 2004. In addition to these manipulations, the Chief Executive Officer, Amnon Landan, misreported personal stock option exercise dates to increase his profit on transactions three times between 1998 and 2001. Other improprieties on Amnon Landan's part include a 1 million dollar personal loan in 1999, which was not authorized by the board of directors, and was not clearly disclosed in the company's filings with the SEC. The SEC initiated legal proceedings against Landan in 2007. The company is under new management.

Quality Assurance

IT Governance / ITIL / ITSM

Monitoring and Diagnostics

  1. ^  TheStreet.Com. Retrieved on January 3, 2006.
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