Website testing and performance monitoring company Mercury Interactive has bought smaller competitor Freshwater Software in an all-cash deal worth $147m.
By Tony Hallett
Published: 22 May 2001 11:00 GMT
Freshwater sells a package of tactical ebusiness monitoring and management products to around 3,000 customers worldwide, including AOL, Barnesandnoble.com and Merrill Lynch.
Mercury Interactive will keep Freshwater as a standalone subsidiary, but sell the company's products alongside its own software offerings.
Zohar Gilad, VP and general manager at Mercury Interactive, said: "This deal combines our applications-centric view with their systems-centric view."
He added that Boulder, Colorado-based Freshwater, is a profitable company, but declined to divulge the revenues of the privately held firm.
In an unrelated announcement, Mercury Interactive also said it has become one of the first nine companies to make its software available to those developing applications for Microsoft's .NET platform.
Mercury Interactive is supporting Microsoft Visual Studio.NET - a rapid application development tool for building Web applications and XML Web services - with its family of products, WinRunner, LoadRunner, TestDirector and Topaz.
Online Help tools used in the preparation of End-user documentation * Familiarity with MS Project, Mercury Interactive tools (ie, TestDirector, ...
Software Developer Our client is a well established multinational employer with a significant presence in Shannon Industrial Estate in County Clare. ...
Senior C# Visual Studio.NET Developer required for Lichfield based software house. This established Microsoft company who have recently won awards ...
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