Stories by Lucas Mearian and China Martens

HP to acquire Peregrine Systems for $425M

Hewlett-Packard Co. plans to acquire IT asset and service management software vendor Peregrine Systems Inc. in a cash deal for US$425 million, the two companies announced Monday. By integrating Peregrine's products into its HP OpenView systems management suite, HP said it hopes to position itself as one of the market leaders in asset management software.

Written by Lucas Mearian and China Martens19 Sept. 05 21:17