HP To Acquire ArcSight For 1.5 Billion 44
An anonymous reader writes "HP and ArcSight have signed a definitive agreement for HP to acquire ArcSight, a security and compliance management company, for $43.50 per share, or an enterprise value of $1.5 billion. The acquisition will be conducted by means of a cash tender offer for all of ArcSight's outstanding shares of common stock. The closing of the acquisition, which is subject to customary closing conditions, is expected to occur by the end of the calendar year."
Re:Wow (Score:3, Insightful)
Re:Wow (Score:2, Insightful)
The tea party are pawns of the corporate feudal society. They are deceived into seeking to weaken the government so that there are no checks or balances on the power possessed by the owner class.
Re:HP's the only one taking the recession seriousl (Score:4, Insightful)
In rough times, you have to diversify and try to slide into new markets to keep making money.
Yeah, I'd do that except the Bush/Obama bailouts took all my money, leaving it in the hands of the corporate sector to go on a buying spree because stock prices tanked wiping out my 401K.
As it happens, I'm not an American, so none of that is true, but I can't help but think it's how a lot of Americans must feel: the government socialized the risk of corporations that are already heavily protected from liability by the Nanny State's special treatment of them under the various Companies Acts, leaving the corporate sector flush with cash at a time of (arguably) relatively low stock valuations.
Ergo: merger mania! Acquisitions for all! Well, at least for all who are hiding behind the skirts of the Nanny State, rather than living within their means and struggling to get by. Just remember: helping out those folks would be Socialism!