Opsware sells to HP for $1.6 billion, in happy ending
Opsware, a provider of software that automates processes in corporate data centers — such as setting up and managing complex server configurations — has been purchased by Hewlett-Packard for $1.6 billion in cash.
This is a happy ending for a company that went through a very long, rocky journey. Originally co-founded by Netscape co-founder Marc Andreessen, it garnered considerable hype at launch, went public, but then struggled badly (picture from Netscape era). It has traveled from… Continue Reading
Opsware, data center company, buys iConclude for $53M
Opsware, the publicly traded data center company fouded by Marc Andreessen, has agreed to acquire iConclude, an IT process automation software company, for about $53 million.
Opsware, which specializes in automating corporate data centers, said it has would pay $30 million in cash and 3.39 million in shares, which makes the transaction worth about $53 million, based on its current stock price. IConclude is based in Bellevue, Wash.
According to the Opsware statement:
iConclude’s software orchestrates the… Continue Reading