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HP Completes Novadigm Acquisition Furthering Adaptive Enterprise Strategy
Automated change management capabilities strengthen HP OpenView management software portfolio
PALO ALTO, Calif., April 2, 2004
HP today announced the completion of its acquisition of Novadigm Inc. (Nasdaq: NVDM). Novadigm is a leading provider of policy-based change and configuration management software that offers customers the flexibility to automate management of software assets and heterogeneous resources – within the IT data center, distributed throughout the enterprise and beyond the firewall – to address customized business needs.
Novadigm will become part of HP's Software Global Business Unit; Novadigm products are immediately available through HP enterprise and software direct sales channels.
Novadigm's comprehensive management products will be further integrated with the HP OpenView management software portfolio. The desired-state technology will enable enterprise customers to put their error-prone, repetitive and reactive management tasks on cruise control – ensuring that the right resources are automatically reallocated, tuned and configured to meet business needs.
Novadigm's proven technology adds further depth to the HP Adaptive Enterprise strategy by supplying information technology managers with the tools necessary to enable their enterprise-wide IT infrastructures to better automatically and seamlessly respond to changing business demands wherever and whenever they occur.
The acquisition is the latest step in the evolution of HP's software portfolio designed to enable customers to manage and control their own Adaptive Enterprises. HP has made six acquisitions over the last seven months that greatly enhance the HP OpenView management software portfolio and help companies to reduce costs by delivering capabilities that automate the dynamic link between IT and business.
More information about HP's management software solutions is available at www.hp.com/go/adaptive.
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. For the last four fiscal quarters, HP revenue totaled $74.7 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at www.hp.com.
This news release contains forward-looking statements that involve risks and uncertainties, as well as assumptions, that, if they were to materialize or prove incorrect, could cause the results of HP and its consolidated subsidiaries to differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements related to future product availability or functionality and statements relating to the execution of integration plans. The risks, uncertainties and assumptions referred to above include the possibility that the intended application of, and market for, these technologies and software products may not develop as expected; that the development and performance of these technologies and software products may not proceed as planned; employee management issues; the challenges of integrating Novadigm into HP; the challenges of maintaining Novadigm customers following the acquisition; and other risks that are described from time to time in HP's Quarterly Report on Form 10-Q for the period ended Jan. 31, 2004, and HP's other Securities and Exchange Commission reports filed after HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2003. HP assumes no obligation and does not intend to update these forward-looking statements.
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