Monday, September 13, 2010

H-P Nears Deal to Buy ArcSight for $1.5 Billion - WSJ.com

Acquisitive times at HP

Hewlett-Packard Co. is closing in on a deal to acquire security-software maker ArcSight Inc. for around $1.5 billion, people familiar with the matter said, continuing a spending spree that began after Chief Executive Mark Hurd resigned last month.

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Last month, H-P also announced acquisitions of closely held software makers Fortify Software Inc. and Stratavia Inc. Terms for those purchases weren't disclosed.

H-P Nears Deal to Buy ArcSight for $1.5 Billion - WSJ.com

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