HP to buy software firm Trinagy

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CIOL Bureau
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PALO ALTO: Computer and printer maker Hewlett-Packard Co. said on Thursday
that it will buy closely held Trinagy Inc., a maker of network performance
management software aimed at large business customers.

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The financial terms were not disclosed. Hewlett-Packard, based in Palo Alto,
Calif., said that Torrance, California-based Trinagy's software would augment
the company's OpenView e-services management software products.

Hewlett-Packard said Trinagy's software, combined with OpenView, would let
customers better identify network performance problems, automatically analyze
and predict performance issues before they affect services and project and
allocate network capacity needed to add new services.

Hewlett-Packard is currently in a bidding war with financial services
software firm SunGard Data Systems Inc. to buy Comdisco Inc.'s technology
services business. On Wednesday SunGard bid $775 million for the unit, topping
Hewlett-Packard's bid of $610 million in cash.

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Hewlett-Packard is seeking to boost its computer-services and consulting
business, offering customers one-stop shopping for computers, certain types of
software and services.

Shares of Hewlett-Packard were priced at $24.60 in early afternoon trading,
down 15 cents. The year's share prices have ranged between a low of $23.45 and a
high of $63.22.

(C) Reuters Limited 2001.

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