Today, Mercury Interactive Corporation, the global leader in business technology optimisation (BTO), announced it has completed the acquisition of Kintana, Inc, a privately held company in Sunnyvale, California.
The acquisition of Kintana, a leading provider of IT governance software and services, enhances Mercury Interactive`s leadership position in the BTO industry.
Mercury Interactive signed a definitive agreement to acquire Kintana on 10 June 2003 and the acquisition closed on 15 August 2003.
With the close of this acquisition, Kintana becomes the IT governance business unit of Mercury Interactive and will operate from its headquarters in Sunnyvale, California. Kintana offerings will be marketed and sold under the Mercury Interactive brand.
Kintana IT governance products enable CIOs to govern and manage the priorities, processes and people required to run IT as a business. In July, Kintana was awarded "the best overall software solution for managing IT projects, resources and services" by 110 high-level IT executives attending the 2003 Project Portfolio Management event in San Francisco, produced by Vision Events, a Gartner Inc company.
Share
Mercury Interactive, the global leader in business technology optimisation (BTO), delivers Optane, a family of products for application delivery and management, and IT governance, that enable customers to optimise business processes and maximise business results. Customers worldwide use Mercury Interactive`s Optane to improve quality and performance, reduce costs, and align IT with business goals.
Founded in 1989, Mercury Interactive is headquartered in Sunnyvale, California, with offices in more than 25 countries. Further information is available at www.mercuryinteractive.com or by phone at US +1.408.822.5200. The company`s common stock trades on the Nasdaq National Market under the symbol MERQ.
Editorial contacts