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HP Guns For Security Market With $1.5 Bn ArcSight Acquisition
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  • HP Guns For Security Market With $1.5 Bn ArcSight Acquisition

HP Guns For Security Market With $1.5 Bn ArcSight Acquisition

FP Archives • February 2, 2017, 22:44:36 IST
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HP spends big bucks to acquire security and compliance management firm ArcSight–HP’s fourth acquisition within a month.

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HP Guns For Security Market With $1.5 Bn ArcSight Acquisition

HP (Hewlett-Packard) has announced that it will buy ArcSight, a security and compliance management specialist for $1.5 billion.

“From a security perspective, the perimeter of today’s enterprise is porous, putting enormous pressure on clients’ risk and compliance systems,” said Bill Veghte, executive vice president, Software and Solutions, HP. “The combination of HP and ArcSight will provide clients with the ability to fortify their applications, proactively monitor events and respond to threats.”

HP claims that the combination of HP and ArcSight will improve security, reduce risk and facilitate compliance at a lower cost for customers. ArcSight’s technology is complementary to HP’s existing security portfolio of hardware, software and services. Today’s successful enterprises must provide their employees, partners and customers with more access to applications, services and information. This access and connectivity exposes enterprises to escalating threats, increasing complexity and regulatory challenges.

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Together, HP and ArcSight will be well-positioned to secure even the most demanding environments by delivering:

* Broader visibility: A comprehensive view of all events across IT operations, security and compliance.

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* Deeper context: The ability to detect threats and risks by correlating both activity and state changes in real time.

* Better continuity: A constant feedback loop between build, manage and monitor to ensure that enterprises remain secure.

“HP’s acquisition of ArcSight will enable the creation of a new type of security solution, one that serves the modern enterprise,” said Tom Reilly, president and chief executive officer, ArcSight. “By combining ArcSight’s Enterprise Threat and Risk Management Platform with HP’s breadth of application development and operations management solutions, HP will be able to offer an integrated security platform that delivers broader visibility, deeper context and faster remediation of enterprise-wide security and risk-related events. In a world where perimeter security is no longer enough, businesses need this holistic approach to securing their networks, applications and sensitive data."

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