Posts tagged 'Arcsight'

HP heads back unto the (M&A) breach

Ho hum. Another day, another Hewlett-Packard bid…

The acquisitive US tech giant is nearing a deal to buy US security software maker ArcSight, fresh from its $2.35bn victory in a bidding war against Dell for data storage company 3Par, reports the FTRead more

HP nears $1.5bn deal for ArcSight

Hewlett-Packard is nearing a deal to buy US security software maker ArcSight, fresh from its victory in a bidding war with Dell for data storage company 3Par, reports the FT. HP is expected to pay about $1.5bn for ArcSight and a deal could be announced within days. ArcSight’s shares have jumped on takeover speculation and closed on Friday at $35.10, for a market cap of $1.21bn. DealBook notes that despite the contentious departure of its former CEO Mark Hurd, HP again has “shown little timidity about paying up”, while the WSJ - which first reported the ArcSight deal - notes that HP last month announced acquisitions of software makers Fortify Software and Stratavia for undisclosed terms.