Add-on Acquisition • Software

HP Acquires Vertica Systems

On February 14, 2011, HP acquired software company Vertica Systems for 350M USD

Acquisition Context
  • This is HP’s 31st transaction in the Software sector.
  • This is HP’s 20th largest (disclosed) transaction.
  • This is HP’s 68th transaction in the United States.
  • This is HP’s 8th transaction in Massachusetts.

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M&A Deal Summary

Date February 14, 2011
Target Vertica Systems
Sector Software
Buyer(s) HP
Deal Type Add-on Acquisition
Deal Value 350M USD

Target Company

Vertica Systems

Billerica, Massachusetts, United States
Vertica Systems is an analytic database management software company. Vertica was formed in 2005.
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Buyer Overview 1

Buyer

HP

Palo Alto, California, United States

Category Company
Founded 1939
Sector Technology Hardware
Employees58,000
Revenue 53.6B USD (2024)
DESCRIPTION
HP's corporate headquarters in Palo Alto, California.
HP's corporate headquarters in Palo Alto, California.

HP is a technology company that focuses on providing hardware, printers, and personal computing products. HP was founded in 1939 and is based in Palo Alto, California.


Deal Context for Buyer #
Overall 82 of 98
Sector: Software 31 of 37
Type: Add-on Acquisition 75 of 89
State: Massachusetts 8 of 8
Country: United States 68 of 78
Year: 2011 1 of 3
Size (of disclosed) 20 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-20 ArcSight

Cupertino, California, United States

ArcSight is a global provider of security and compliance management solutions that intelligently identify and mitigate cyber threat and risk for businesses and government agencies. ArcSight helps protect enterprises and government agencies by providing complete visibility and critical insights into their IT infrastructure across all users, networks, datacenters and applications.

Buy $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-01 HP - Visual Collaboration

United States

HP's Visual Collaboration business provides unified communications and telepresence products and services.

Sell $89M