Summary Box: Hewlett-Packard buying network security company ArcSight for $1.5 billionBy AP
Monday, September 13, 2010
Summary Box: HP buying ArcSight for $1.5 billion
THE DEAL: Hewlett-Packard Co. has agreed to buy the network-security company ArcSight Inc. for about $1.5 billion.
THE STRATEGY: HP wants to have the answer to all of its customers’ technology problems. It is buying ArcSight to help customers respond to the growing security threats.
THE BACKDROP: The deal could help HP prove that even after ousting CEO Mark Hurd, it hasn’t lost its footing in the effort to win fatter profit margins beyond the personal-computer business.
Tags: Computer And Data Security, Computing And Information Technology, Materials