Hewlett-Packard (HPQ) will purchase cybersecurity software company ArcSight (ARST) for $1.5 billion, or $43.50 a share.

The deal will close by the end of this year, the companies said in a statement.

“The combination of HP and ArcSight will provide clients with the ability to fortify their applications, proactively monitor events and respond to threats,” said Bill Veghte, HP’s executive vice…

Continue reading HP to Buy Cyber Security Company ArcSight for $1.5 Billion

HP to Buy Cyber Security Company ArcSight for $1.5 Billion originally appeared on DailyFinance on Mon, 13 Sep 2010 08:18:00.

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