Recently HP announced that they are acquiring Mercury Interactive. How long will the merger take?
Answer:
From what i read, HP has aquired a lot of companies recently and Mercury acquisition is the largest next only to Compaq. For Compaq, it seems to have taken more than couple of years to kind of synergize the product lines. Still they have two HP pavilion and Compaq presario offerings for laptop and desktop. It tells that may be the teams are still operating independently!
As for Mercury buyout, the product offerring seem to complement HP's offering in marketplace. So in my opinion, it will be a relatively easy integration. I feel that the employees wont see a difference for sometime (may be 3 to 6 months) during which they will get to know about the company's culture etc.
15K job cuts? I have no idea. I beleive it is based on pre-acquisition.
It might take more time for HP to understand the business operations of mercury. They will not slash any jobs immediately. After transition, i beleive the people can understand what HP is upto. The point to be noted is that HP is paying quite a lot of money, meaning that they are serious :)
According to an artical my I found, it stated that " HP announced yesterday that it is acquiring Mercury Interactive, a provider of IT management software, for $4.5 billion. HP will pay $52.00 per share for Mercury. HP said that the acquisition would bring together HP's OpenView systems, network and IT service management software with Mercury's application management, application delivery, IT governance, and service oriented architecture software. The transaction is expected to close in the fourth quarter" As to which companies 4th quarter, to me I think it would be HP.
As far as job cuts, from our experiance -yes it will impact the number of people left employed ( my husband worked for a pharmaceutical comp. that was acquired by a larger company - many jobs were cut in order to bring in their employees)
Many offer "packages" when an employee is let go under these terms.It all depends on the terms and agreement the companies have decided.
Below is another artical I found on line that may be of interest to you.
Best of luck.
The answers post by the user, for information only, BAnswer.com does not guarantee the right.
Other Questions and Answers: