Technology news in brief

13.02.2006

HP Agrees to Buy Software Vendor

Hewlett-Packard Co. has agreed to purchase OuterBay Technologies Inc., a privately held maker of database archiving software. OuterBay has a long-standing reseller relationship with HP rival EMC Corp. Officials of both HP and EMC said that relationship will continue. HP did not disclose the value of the deal for OuterBay.