HP to Buy Security Vendor ArcSight

Hewlett-Packard has agreed to acquire ArcSight for $1.5 billion, ending weeks of public speculation about the security vendor’s future.

The deal is expected to close by the end of the year. In late August, it was reported that ArcSight, a leading vendor in the security information and event management (SIEM) space, was shopping itself around to a number of vendors.

The acquisition will continue HP’s buying spree in the security space and other markets. The company announced plans in August to acquire application security vendor Fortify Software for an undisclosed sum, and agreed recently to pay more than $2.3 billion for data storage maker 3PAR. The company also recently purchased Stratavia, which specializes in database and application automation.

For more, read the eWeek article HP to Buy ArcSight for Security Event Management.

CIO Insight Staff
CIO Insight Staff
CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

Get the Free Newsletter!

Subscribe to Daily Tech Insider for top news, trends, and analysis.

Latest Articles