Technology giant Hewlett Packard has announced its acquisition of security and compliance management company ArcSight.
The acquisition for $43.50 (€31.20) per share, or an enterprise value of $1.5bn (€1.1bn), will see the company integrate ArcSight’s security portfolio with HP’s IT operations management portfolio.
HP expects this to enable both organisations to converge millions of events across IT operations and security – providing deeper context than either platform alone.
Aligning assets
“By aligning IT assets with business objectives, chief information officers (CIO) will have a common context and consolidated view of all IT risk and compliance issues for business services and applications. Customers will be able to monitor real-time events and activities, assess the risk and impact to their business operations, and quickly respond to and correct potential threats,” the company said.
ArcSight is a global provider of security and compliance management solutions that intelligently identify and mitigate cyber threats and risks for businesses and government agencies.
The news comes after HP unveiled its first tablet device, the Slate 500 Tablet, that runs Microsoft Windows and has been designed specifically for business.
