Hewlett-Packard has tried to acquire software developers Tibco and Teradata

Source: Internet
Author: User
Keywords HP Teradata teradata software developer TIBCO
Sina Science and technology news Beijing time August 21 morning, a number of people familiar with the matter, Hewlett-Packard in seeking to acquire autonomy before, has considered the acquisition of two U.S. software developers Tibco Software and Teradata Corp. A person familiar with the matter said that HP had contacted Tibco this year and offered to buy each other at a price of $30 a share.  Tibco CEO Vivic Lanadiv (Vivek ranadivé) wants HP to offer a higher price, telling the board that the company's share price can be reached at HP's level without a sale. According to the data, Tibco's second-quarter revenue in May was $216.4 million, up 25% Year-on-year, while net profit grew 64% to $21 million.  In the Friday regular trading, Tibco shares closed at $18.49, down 58 cents, or 3%, from the previous trading day. Another person familiar with the matter said that Hewlett-Packard had contacted software developer Teradata in April before making an offer to autonomy.  In the second quarter to July, Teradata revenue of 581 million U.S. dollars, an increase of 24%, the profit of 103 million U.S. dollars, an increase of 39%. Hewlett-Packard announced the purchase of autonomy in Thursday at a price of 10.3 billion dollars. Autonomy CEO Michael Linch Michael Lynch and Hewlett-Packard CEO Lee Ai (Leo apotheker) is an old acquaintance, the latter in charge of SAP two people know.  People familiar with the matter said that because the autonomy is in good condition and is not very urgent to sell, he is taking the initiative in negotiations with HP. Spokesmen for three companies, such as Hewlett-Packard, Teradata and autonomy, declined to comment.  Hewlett-Packard had hesitated over whether to buy autonomy after a downgrade of the US credit rating this month and a plunge in global equities as a result of the worsening European debt crisis, people familiar with the matter said. Hewlett-Packard's share price closed at $23.60 in regular trading in Friday, down 5.91, or 20%, the biggest decline since 23. Teradata on the day of 43.35 U.S. dollars, down 2.07 U.S. dollars, the decline also reached 4.6%. The Barclays Bank is responsible for financing HP's acquisition of Autonomy, and HP will use some of its overseas funds to complete the deal. (Xuan Chen)
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