Tavve Acquires OpenView-Extending Business

Tavve Software Co. has acquired a business whose products extend Hewlett-Packard's OpenView net management platform. Tavve has spent US$600,000 and 125,000 shares of its stock to buy Netplex Group's Onion Peel Solutions subsidiary, which generated $280,000 in product revenue during the first six months of the year. Tavve's flagship offering is eNMS, a suite of software for operations such as root-cause analysis and performance reporting.

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