ArcSight

HP ArcSight
An HP Company
Industry Computer software, Cyber security management, Enterprise software
Fate Acquired by Hewlett-Packard
Founded 2000
Headquarters Sunnyvale, California, USA
Website www.hp.com/go/ArcSight

HP ArcSight is a cyber security company founded in 2000 that provides big data security analytics and intelligence software for security information and event management (SIEM) and log management solutions.[1] ArcSight is designed to help customers identify and prioritize security threats, organize and track incident response activities, and simplify audit and compliance activities. May 2013 marked the 10th consecutive year that Gartner Magic Quadrant for SIEM rated ArcSight in the leader’s quadrant.[2] It became a subsidiary of Hewlett-Packard in 2010. HP ArcSight is headquartered in Sunnyvale, California, USA, with sales offices in other countries.

History

Front view of ArcSight headquarters in Cupertino, California

ArcSight was incorporated in May 2000. Silicon Valley Internet Capital, an enterprise software incubation and investment firm founded by Robert Shaw, Alex Hern, Mike Santer,and Riverson Leonard[3] was the initial lead investor and founders. Alex Daly was the founding CEO, who was previously CEO of Cygnus Solutions, acquired by Red Hat. Hugh Njemanze was the founding CTO.[4] Pravin Kothari was the founding Vice President of Engineering.[5] ArcSight originally was called Wahoo Technologies, while it was a stealth mode startup.

The original business plan was to build a caching and acceleration platform, though, after getting feedback from prospective customers, the founders shifted their strategy to provide security events analysis and correlation. The company was formally named ArcSight in January 2001.

In July 2001, Alex Daly, the founding CEO, ceased working for ArcSight due to health issues, but kept his 10.30% stake in the company as major shareholder.[6] Robert Shaw stepped up to take the position of CEO.

Kleiner Perkins and In-Q-Tel, the US Central Intelligence Agency’s venture-capital arm, became investors via second and third rounds in 2002.[7] Other early investors included Integral Capital Partners, Institutional Venture Partners, New Enterprise Associates, and Samsung Ventures.[8] ArcSight filed for initial public offering on September 11, 2007 and offered its shares on February 14, 2008 under symbol ARST.[6][9] It was the only Silicon Valley company to enter Nasdaq in 2008, during the Great Recession when few other technology companies went public.[10] Tom Reilly was appointed as CEO in 2008.[11] Robert Shaw retired effective October 1, 2008, citing health reasons.

In September 2010, Hewlett-Packard (HP) announced an agreement to acquire ArcSight for approximately $1.5 billion.[12][13] On October 22, 2010, it completed its acquisition.[14][15] ArcSight said it had more than a thousand customers at that time.[16]

On September 7, 2016, HPE CEO Meg Whitman announced that the software assets of Hewlett Packard Enterprise, including Arcsight and the rest of the HP Enterprise Security Products group, would be spun out and then merged with Micro Focus to create an independent company of which HP Enterprise shareholders would retain majority ownership. Micro Focus CEO Kevin Loosemore called the transaction "entirely consistent with our established acquisition strategy and our focus on efficient management of mature infrastructure products" and indicated that Micro Focus intended to "bring the core earnings margin for the mature assets in the deal - about 80 percent of the total - from 21 percent today to Micro Focus's existing 46 percent level within three years."[17]


Products

Core Offerings[18]

Management Offerings[19]

Solution Offerings[21]

References

  1. ↑ Timothy Prickett Morgan (September 12, 2010). "HP eyes $1.46bn ArcSight security buy: Hey, Dell. Wanna bid higher?". The Register. Retrieved October 9, 2013.
  2. ↑ "HP ArcSight is named in leaders quadrant in Gartner 2013 SIEM report, 10 years in a row and counting".
  3. ↑ "SVIC Founder and CEO Robert W. Shaw Joins Zero-Knowledge Systems' Board of Directors". Press release. February 13, 2000. Retrieved October 9, 2013.
  4. ↑ Alex Daly (June 1, 2000). "Njemanze Job Offer". Sample Business Contracts. Onecle. Retrieved October 9, 2013.
  5. ↑ "Executive Profile & Biography - Businessweek". Executive Profile. Bloomberg Businessweek. Retrieved July 21, 2014.
  6. 1 2 "Prospectus". Form S-1. US Securities and Exchange Commission. December 7, 2007. Retrieved October 9, 2013.
  7. ↑ Who Is a Big Fan of ArcSight? The CIA
  8. ↑ cnnmoney.com: "Early investor secures big profit on ArcSight sale." September 13, 2010. Archived October 21, 2010, at the Wayback Machine.
  9. ↑ silicontap: "ArcSight Prices IPO." February 14, 2008.
  10. ↑ San Jose Business Journal: “Grierson helped lead ArcSight, valley's only IPO of 2008.” Tanner. Nov. 2009
  11. ↑ MarketWire: “ArcSight Promotes Tom Reilly to be CEO in 2008."
  12. ↑ “HP To Acquire ArcSight.” Sept. 13, 2010
  13. ↑ HP to Acquire ArcSight Sept. 13, 2010
  14. ↑ HP News Release. "HP Completes Acquisition of ArcSight." Oct. 2010
  15. ↑ San Jose Mercury News. “Hewlett-Packard completes $1.5B ArcSight acquisition.” Russell. October 2010
  16. ↑ geek.com: "HP buys security software vendor ArcSight for $1.5 billion." September 14, 2010.
  17. ↑ Sandle, Paul; Baker, Liana B. (2016-09-08). "HP Enterprise strikes $8.8 billion deal with Micro Focus for software assets". Reuters. Retrieved 2016-09-13.
  18. ↑ http://www8.hp.com/us/en/software-solutions/siem-security-information-event-management/index.html
  19. ↑ http://www8.hp.com/us/en/software-solutions/asset/software-asset-viewer.html?asset=1295985&module=1899610&docname=4AA4-1233ENW&page=1898392
  20. ↑ "ArcSight Connector". Hewlett-Packard. Archived from the original on 28 April 2014. Retrieved 1 July 2014.
  21. ↑ http://www8.hp.com/us/en/software-solutions/integrated-security-solutions-arcsight/
  22. ↑ "ArcSight ThreatDetector". Hewlett-Packard. Archived from the original on 18 April 2014. Retrieved 1 July 2014.
  23. ↑ "ArcSight Threat Response Manager". Hewlett-Packard. Archived from the original on 18 April 2014. Retrieved 1 July 2014.
  24. ↑ "HP introduces HP ArcSight Risk Insight, a heatmap for SIEM security events". Hewlett-Packard. 6 January 2014. Retrieved 1 July 2014.
  25. ↑ "Compliance Insight Packages". Hewlett-Packard. Archived from the original on 20 June 2014. Retrieved 1 July 2014.

External links

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