HP to Acquire Mercury Interactive Corp.

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July 25, 2006 — HP has signed a definitive agreement to purchase Mercury Interactive Corp., a leading IT management software and services company, through a cash tender offer for $52 per share, or approximately $4.5 billion, net of existing cash and debt. The acquisition will establish HP’s portfolio of IT management software and services as the clear choice for companies seeking to optimize the value that IT brings to business.

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»	Fact Sheet: HP Software Learn more about HP enterprise IT management software.

»	Mercury in Israel Read a backgrounder on Mercury in Israel.

»	HP in Israel Read a list of milestones and significant facts about HP's presence in Israel.

Audio webcast

Transcript of HP conference call and webcast for financial analysts and shareholders:
July 25, 2006, 5 p.m. ET / 2 p.m. PT, hosted by Mark Hurd

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