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- For other company with similar name, see Mercury Computer Systems.
Mercury Interactive was founded in 1989 and is based in Mountain View, California. Mercury was delisted from Nasdaq as of 4th January, 2006 due to non-compliance with the Nasdaq filing requirements. This situation occurred as a result of Mercury having to restate financial results due to improprieties by executive management regarding stock option grants. As a result of the Nasdaq delisting, Mercury is now being traded via Pink Sheets. The executive officers who precipitated the delisting: Chief Executive Officer Amnon Landan, Chief Financial Officer Douglas Smith, and General Counsel Susan Skaer resigned on November 2, 2005, when it became known that these officers were aware of and participated in the manipulation of stock options purchase dates on 49 occasions between 1995 and 2004. In addition to these manipulations, the Chief Executive Officer, Amnon Landan, mis-reported personal stock option exercise dates to increase his profit on transactions three times between 1998 and 2001. Other inproprieties on Amnon Landan's part include a 1 million dollar personal loan in 1999, which was not authorized by the board of directors, and was not clearly disclosed in the company's filings with the SEC.
Mercury is thought to be a likely takeover target as a result of the scandal, but this is hampered by Mercury's market captialization which exeeds 3 billion dollars. Also hampering a takeover is the fact that after the November 2nd revelations about executive officer misconduct, a significant number of senior research and consulting employees left the company.
Products
- WinRunner is a GUI and regression testing tool.
- QuickTest Professional (QTP) is a GUI and regression testing tool.
- LoadRunner is a load testing tool.
- TestDirector is a management tool for all aspects of software testing, ranging from capturing requirements, storing test scripts, test execution and defect management.
- Business Availability Center is a end-user experience monitoring tool.
- SiteScope is a system monitoring tool.
- Mercury Application Mapping is a systems' mapping tool.
- ITG is an IT Governance tool.
See also
External links
- Mercury Interactive homepage
- Landans Nemesis. A well-written article about the recent scandal at Mercury, gives valuable background and some important historic information
- Haaretz - Israel News - Taking Stock Revisited / What kind of company does Amnon Landan run?
- Globes online - Amnon Landan steps down from Mercury CEO post
References
Computer companies of the United States | Companies based in California | 1991 establishments | 1989 establishments
"Mercury Interactive"