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HP takeover bolsters its OpenView tool

Hewlett-Packard has agreed to acquire Trinagy, a company whose software is used to monitor network performance, find network problems and apportion network capacity. The Trinagy products will become a part of HP's OpenView management software, said Bill Russell, vice president of HP's Software and Solutions Organization, in a conference call Thursday.
Written by ZDNET Editors, Contributor
Hewlett-Packard has agreed to acquire Trinagy, a company whose software is used to monitor network performance, find network problems and apportion network capacity.

The Trinagy products will become a part of HP's OpenView management software, said Bill Russell, vice president of HP's Software and Solutions Organization, in a conference call Thursday. Terms of the deal weren't disclosed, but it's expected to wrap up within the next month, Russell said.

Trinagy, a privately owned company founded in 1988, has headquarters in Torrance, Calif. and employs 125 people. The company isn't profitable but expects to be by the end of the calendar year, Chief Executive Officer David Woodall said.

The acquisition is part of HP's effort to remake its software group, a push that includes consolidating its software products into two major lines, discontinuing its OpenMail e-mail software and selling off its Verifone software unit. --Stephen Shankland, Special to ZDNet News

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