Hewlett Packard has confirmed the purchase of security software firm ArcSight for $US1.5 billion.
While the tech industry has largely anticipated the move, the company said in a statement the deal would fit into HP’s enterprise services division.
“From a security perspective, the perimeter of today’s enterprise is porous, putting enormous pressure on clients’ risk and compliance systems,” Bill Veghte, HP executive vice president of software and solutions 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.”
The company said ArcSight is able to detect risks by monitoring activity in real time, and by providing constant feedback for a variety of different enterprise functions.
Patrick Stafford is a freelance journalist and a former deputy editor of SmartCompany.
