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HP To Acquire ArcSight For 1.5 Billion

Posted by CmdrTaco on from the who-are-they-again dept.

An anonymous reader writes "HP and ArcSight have signed a definitive agreement for HP to acquire ArcSight, a security and compliance management company, for $43.50 per share, or an enterprise value of $1.5 billion. The acquisition will be conducted by means of a cash tender offer for all of ArcSight's outstanding shares of common stock. The closing of the acquisition, which is subject to customary closing conditions, is expected to occur by the end of the calendar year."

2 of 44 comments (clear)

  1. Wow by C_Kode · · Score: 2, Informative

    Wow. 3Par and now ArcSight? They are going to need to call a credit counseling company after this shopping binge! :D

  2. To All ArcSight Employees reading this: by Haelyn · · Score: 3, Informative

    RUN FOR YOUR LIVES!

    Run away as fast as you can as soon as you can!

    Sincerely,

    -A former EDSer, now trying to leave HP