Acquiring Autonomy, which makes software that searches and keeps track of corporate and government data, would greatly enhance H.P.'s shift to software and business services.
Previously he was executive vice president for the software division of Sun Microsystems, where he had broad responsibility for Sun's software business, including services, sales, product and business strategy, and product development.
COMPUWARE, Detroit, a software and business services company, said it had agreed to buy Adlex, Marlborough, Mass., which helps large companies manage their technology services, for $36 million.
The bridegroom, 32, is a vice president of Warburg Pincus, the venture capital and investment firm in Manhattan; he handles investments in software and business services companies.
In a relatively slow growth market, separating the low-growth, low margin computer and printer business from the higher growth server, software and business services market makes sense to most analysts.
MG: We've always been focused on companies in the software, internet, business services and consumer sectors.
"The future of the software business is service," Mr. Schwartz said.
Major businesses include telecommunications, aviation and aerospace, software, financial and business services, and health care.
Software, financial and business services, environmental technology, shipbuilding and repair, and the manufacture of electronics, computer equipment, medical products, pharmaceuticals, and sporting goods are all important economic factors.
"We are seeing all kinds of intersections between technology and entertainment," he said, although the economic impact is difficult to gauge accurately because of outdated statistical categories that, for example, lump computer software jobs with business services.
