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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."

4 of 44 comments (clear)

  1. HP's the only one taking the recession seriously by ProppaT · · Score: 4, Interesting

    In rough times, you have to diversify and try to slide into new markets to keep making money. Let's face it, the dollar isn't getting any stronger anytime soon. HP's taking their cash reserves and investing it now instead of watching their net worth dwindle. HP's pushing themselves to be the new industry leader in all tech sectors, not just their traditional markets.

    I think in the long run, companies like Dell will look back and wonder why they didn't do what HP's currently doing. Now's the time to buy and innovate, not be conservative and limit your market strategy.

    --
    Wise men say, "Forgiveness is divine, but never pay full price for late pizza."
  2. Weak dollar? by Errol+backfiring · · Score: 2, Interesting

    Seeing how the US politics are run by companies, I'd say that the dollar is stronger than ever.

    --
    Nae king! Nae laird! Nae yurrupiean pressedent! We willna be fooled again!
  3. Re:Wow by Jawnn · · Score: 2, Interesting

    It's going to get interesting when they figure out who the real enemy is.

    Do not hold your breath. They aren't so stupid that they can't figure it out. The problem is that they do not want to figure it out. They would rather continue believing that the companies that gave gramps the swell life he had in 1960 would do so again if only they were not taxed to death by that Kenyan socialist president. It hurts to actually realize that the leaders they trust have sold them out, that those jobs are now long gone (offshore), and that life is unlikely to ever be that good again.

  4. If you don't know what to do ... merge or aquire! by PolygamousRanchKid+ · · Score: 2, Interesting

    This seems to be the business strategy now. When the shit hits the fan, you'll be long gone on your golden parachute.

    --
    Schroedinger's Brexit: The UK is both in and out of the EU at the same time!