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Mercury Interactive Corp. announced Monday its plans to acquire Systinet Corp. in a deal valued at $105 million.
Mercury said the acquisition will enable the Mountain View, Calif., company to move into the SOA (service-oriented architecture) governance and lifecycle management software and services space by combining the Systinet SOA governance software with Mercurys own Mercury BTO Enterprise solutions. Mercury BTO is Mercurys Business Technology Optimization product line.
Systinets products include the Systinet Registry, a business service registry for organizing, managing, discovering and publishing reusable business services and other SOA assets; and the Systinet Policy Manager, which helps enterprises create and manage Web service policy and automates service validation, the company said.
Mercury officials said they expect the acquisition to be completed during the first quarter of 2006.
“We believe the combination of Mercury and Systinet will immediately position us as a leader in the high-growth SOA market,” Tony Zingale, CEO at Mercury, said in a statement. “Mercury continues to grow our BTO offerings to help customers optimize the business outcomes of their IT initiatives. Systinets technology and deep expertise in SOA combined with Mercurys strong BTO market leadership introduces powerful product synergies and the ability to address a broader set of customer opportunities in the fast-growing SOA market.”
Meanwhile, also is a statement, Thomas Erickson, chief executive of Burlington, Mass.-based Systinet, said, “We are very excited to join with Mercury to accelerate our ability to help customers optimize the business outcomes of their SOA initiatives.”
In a recent interview with eWEEK, Erickson said: “Our niche and what we do is governance. And governance involves a series of functions including discovery, policy management, contract management, change management, portfolio management and others. Theres another area that is complementary to what we do, which is management security, where you have different types of enforcement, monitoring and provisioning.”