Mercury Announces BTO Core Technology Acquisitions
- 13 September, 2005 10:00
<p>Today, Mercury Interactive Corporation (NASDAQ: MERQE), the global leader in business technology optimization (BTO) software, announced it has acquired BeatBox Technologies (formerly ClickCadence LLC), a privately held company based in Pittsburgh, Pennsylvania. Under the terms of the acquisition, which closed on September 1, 2005, Mercury will pay approximately $14 million in cash. Mercury also announced it has acquired the m-Test wireless testing technology from Intuwave, a Mercury partner based in the United Kingdom. Under the terms of the m-Test technology acquisition, which closed on July 26, 2005, Mercury paid cash and entered into certain licensing arrangements in exchange for specified intellectual property assets from Intuwave.
BeatBox technology is used to track and capture real user application behavior such as clickstream traffic, page performance, application errors and visitor sessions on web based applications. BeatBox technology can help customers identify, record and analyze how users interact with business applications in production. Mercury customers will be able to utilize BeatBox technology and leverage real user information to improve the accuracy of their testing scenarios. Mercury plans to use BeatBox technology to extend the real user monitoring capabilities of its BTO software and to enhance its performance lifecycle offerings.
Intuwave developed m-Test technology to help automate the testing of wireless services and applications running on Symbian OS-based smart phones. Currently, customers can use m-Test in conjunction with Mercury QuickTest Professional™ and Mercury Business Process Testing™ to connect directly to a mobile device, such as a smart phone, to test and confirm how the device and its applications will perform. m-Test has been used by device manufacturers and mobile network operators to help ensure the market-readiness of their wireless devices, wireless applications and services. Mercury plans to utilize m-Test technology to bolster the wireless testing capabilities of its Mercury Quality Center™ product.
“With the BeatBox and Intuwave technology acquisitions, we continue to execute on our strategy to deepen our core BTO technology and help customers optimize the business outcome of IT,” said David Murphy, senior vice president of corporate development at Mercury.</p>
Mercury Interactive Corporation (NASDAQ: MERQE), the global leader in business technology optimization (BTO) software, is committed to helping customers optimize the business value of information technology. Founded in 1989, Mercury conducts business worldwide and is one of the fastest growing enterprise software companies today. Mercury provides software and services for IT Governance, Application Delivery, and Application Management. Customers worldwide rely on Mercury offerings to govern the priorities, processes and people of IT and test and manage the quality and performance of business-critical applications. Mercury BTO offerings are complemented by technologies and services from global business partners. For more information, please visit www.mercury.com.</p>