Hewlett-Packard has signed a definitive agreement to acquire Bristol Technology Inc. of Danbury, Conn.
Bristol’s technology helps customers monitor complex business transactions in their organizations, such as insurance claim processes, product orders and inventory management, across heterogeneous and distributed IT environments. The technology complements HP’s recent acquisition of Mercury, enabling end-to-end management of real-time business transactions, and extends HP Business Availability Center capabilities to the mainframe.
Financial terms of the transaction were not disclosed.
Deborah Traub, vice-president of management software at HP, said that customers will have a single software vendor that enables them to manage end-to-end business transactions, beginning with end-users all the way through custom applications and mainframe environments.
Bristol’s solutions can help manage a wide range of composite applications and environments, including J2EE or .NET application servers, middleware, integration brokers, mainframes and multiple operating systems.
The acquisition is subject to certain closing conditions and is expected to be completed within approximately 30 days. Following completion, the business will be fully integrated into the HP Software unit within HP’s Technology Solutions Group.