In July 2007, HP announced that it had agreed to acquire Opsware for $1.65 billion in cash ($14.25 per share), sixteen times revenues. It was HP's third largest acquisition at the time behind Compaq and Mercury Interactive.China Martens, IDG News Service. HP Buying Opsware in $1.65 Billion Deal. PC World HP marketed Opsware products and software as a service solutions as part of the HP Software Division.
