HP To Acquire ArcSight For 1.5 Billion

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."

Comments

Wow

[C_Kode]

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

Re:Wow

[rivaldufus]

It's HP. They can just lay off enough people to cover the tab. It's the Fiorina fandango.

Re:Wow

[Anonymous Coward]

The tea party are pawns of the corporate feudal society. They are deceived into seeking to weaken the government so that there are no checks or balances on the power possessed by the owner class.

Re:Wow

[Jawnn]

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.

HP's the only one taking the recession seriously

[ProppaT]

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.

Weak dollar?

[Errol backfiring]

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

If you don't know what to do ... merge or aquire!

[PolygamousRanchKid]

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

To All ArcSight Employees reading this:

[Haelyn]

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

Re:HP's the only one taking the recession seriousl

[radtea]

In rough times, you have to diversify and try to slide into new markets to keep making money.

Yeah, I'd do that except the Bush/Obama bailouts took all my money, leaving it in the hands of the corporate sector to go on a buying spree because stock prices tanked wiping out my 401K.

As it happens, I'm not an American, so none of that is true, but I can't help but think it's how a lot of Americans must feel: the government socialized the risk of corporations that are already heavily protected from liability by the Nanny State's special treatment of them under the various Companies Acts, leaving the corporate sector flush with cash at a time of (arguably) relatively low stock valuations.

Ergo: merger mania! Acquisitions for all! Well, at least for all who are hiding behind the skirts of the Nanny State, rather than living within their means and struggling to get by. Just remember: helping out those folks would be Socialism!