marc-andreeseen

Marc Andreessen's Opsware goes to HP

Owen Thomas ยท 07/23/07 10:58AM

Opsware, the boring but modestly successful software company founded by Marc Andreessen, has been sold to Hewlett-Packard, the boring but modestly successful hardware company founded by Dave Packard and Bill Hewlett, for $1.6 billion. It's a predictable deal โ€” two years ago, I said HP would buy Opsware โ€” but by waiting, Opsware commanded a nice price. The company, after all, only recently crowed about its market cap crossing $1 billion for the first time. Opsware's sale to HP leaves Andreessen free to focus on Ning, his startup which makes software to build social networks. It also put $138 million in his pocket.