UBL Bank recently purchased the Mercury suite of tools for its software development practice. Mercury, a fairly expensive set of tools is used to design and test/QA software applications, and is similar to the IBM Rational Suite of Products. LMKR is rumoured to have closed the deal.
HP last month acquired Mercury in a bid to better compete with IBM. IBM acquired Rational years ago and has since very well integrated that into its offerings. For HP, the Mercury purchase is playing catchup and trying to build an enterprise software and services business with aspirations of becoming today’s IBM.