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5/17/2004
11:49 AM
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Mercury Buys Appilog

Mercury Interactive Corp. last week said it will buy privately held Appilog Inc. for $49 million in cash. It will incorporate Appilog's system discovery-and-mapping software into Mercury's Business Availability Center software, which informs an IT staff when running applications are in danger of falling below performance thresholds or service-level agreements. The Yankee Group estimates that the business-technology-optimization market, which includes Mercury's products, will grow from $3.3 billion this year to $6 billion in 2007.

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