HP buying ArcSight for $1.5 billion

The move will add more security wares to Hewlett-Packard's portfolio

Hewlett-Packard announced Monday that it has agreed to purchase security vendor ArcSight for US$1.5 billion. The deal is expected to close by the end of the year

Executives are planning to discuss the purchase further during a conference call Monday morning.

(More to follow)

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris's e-mail address is Chris_Kanaracus@idg.com

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Tags business issuesMergers / acquisitionssecurityarcsightHewlett-Packard

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