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Hewlett-Packard has agreed to purchase Peregrine methods, the as soon as-afflicted asset management software developer that has been rebuilding its standing considering rising from bankruptcy in 2003.
HP observed the $425 million transaction will within reach the primary quarter of 2006. Peregrine’s main product offerings are AssetCenter, which gives asset tracking and price handle, and ServiceCenter, which goals to aid information know-how corporations manipulate functions.
Todd DeLaughter, vice president and established manager of HP’s management software enterprise, said AssetCenter “plugs one of the most larger gaps we've had.” He talked about the product should be integrated into HP OpenView, including that the mixture will assist chief information officers music utilization, manage IT elements and hyperlink into economic reporting techniques.
DeLaughter, despite the fact, stated overlap between Peregrine’s ServiceCenter and HP’s provider Desk component. He referred to HP will aid latest ServiceCenter items and people at the moment in development. moreover, the companies will devise a road map for merging their technologies in subsequent-era releases, he introduced.
Pete Karns, business advertising manager at MRO application, a Peregrine rival, noted he believes that HP and Peregrine may additionally face some expertise integration challenges.
“whereas Peregrine and HP in my opinion supply decent options, the underlying applied sciences haven't been rewritten onto a contemporary platform, and we agree with that could existing some integration concerns for each HP and capabilities valued clientele, today and into the long run,” he noted.
Peregrine has been working to beat setbacks and re-establish itself in the federal market. The enterprise filed for Chapter eleven chapter insurance policy in September 2002 and emerged from chapter about a yr later.
Tony Ambegaoker, government vice president of IDL solutions, mentioned Peregrine has been through “some united statesand downs,” however brought that product exceptional has remained constant. IDL solutions, an 8(a) IT functions enterprise, partners with Peregrine within the federal market.
“adding the balance of whatever thing like HP at the back of them…will best enhance people’s self belief in the product set,” Ambegaoker noted.
DeLaughter spoke of HP will continue Peregrine’s emphasis on the govt market and use Peregrine’s capabilities to expand OpenView’s attain in the public sector.
The product integration, introduced Monday, comes three months after HP achieved its $425 million acquisition of Peregrine final December.
Peregrine's AssetCenter, combined with HP's OpenView service Desk, will give groups with more advantageous perception and manage over their suggestions expertise assets, including application, workstations and servers, referred to Todd DeLaughter, standard manager of HP's OpenView business unit. He was talking on the HP application discussion board here, the first such event held within the Asia-Pacific vicinity.
DeLaughter observed the integration underpins HP's active Configuration management Database approach. CMDB is used to save statistics in regards to the state of a company's IT property, including those generated by using competing commercial enterprise administration software. It handles facts reminiscent of equipment blunders and application alterations, as well as company statistics on employees and company instruments. It also shows the relationship between company belongings.
Todd explained that intelligence features constructed into HP's energetic CMDB allow companies to consolidate disparate device management information from dissimilar sources. CMDB will then synchronize such information and supply corporations with a top level view of their IT operations, he introduced."With Peregrine, the OpenView business is near $1 billion. inform me we won't be round in three to four years. I feel the reverse can be authentic."
--David Gee, vice president, HP utility Asia-Pacific and Japan
In its annual know-how developments record ultimate December, despite the fact, Gartner predicted that by way of 2008, simplest IBM and desktop acquaintances overseas would remain on the record of desirable 4 management application providers, which today contains HP and BMC application.
The analyst company did not establish the companies that would fill the void, nor did it say if its forecast had considered HP's Peregrine acquisition.
Gartner did say that HP may additionally lose its seat, no longer from having a weaker product, however because of competencies competition from market opponents with equally deep pockets, corresponding to EMC, Symantec and Microsoft.
David Gee, commonplace manager of HP utility Asia-Pacific and Japan, rebuffed Gartner's prediction, noting that the business's OpenView global application revenue had accelerated 34 p.c yr over yr, throughout the first quarter of this 12 months.
"Our increase in the distributed management software area in mature markets pretty a whole lot outstripped all and sundry," Gee told ZDNet Asia.
"there's with no trouble no legitimate empirical facts that backs up Gartner's assertions," he mentioned. "With Peregrine, the OpenView company is close to $1 billion. inform me we may not be round in three to four years. I suppose the reverse will be actual."
He referred to that HP's application licensing revenue has been starting to be one to 3 times greater than opponents BMC, CA and IBM. "The statistics talk for themselves," he observed.
Gee is also unfazed about upcoming opponents, youngsters he's retaining tune of their plans.
"Microsoft has positioned itself as a competitor within the management software space," he talked about. "within the small workgroup atmosphere, they're going to have market presence. but the second you swap to a heterogeneous ambiance, their footprint is pretty minimal."
Symantec additionally has its hands full with its Veritas software merger, so Gee doesn't see the protection business as a competitor within the short to midterm.
"EMC has acquired Smarts (an experience automation and network methods administration utility seller), but we do not see them as a competitor...even though it is without doubt one of the organizations we watch very closely in terms of what their lengthy-time period ambitions may well be," Gee spoke of.
in keeping with a separate report released by means of Gartner in December of ultimate yr, HP's Peregrine acquisition will add IT asset administration capabilities that have been "sorely lacking" in HP's OpenView portfolio. The analysis enterprise mentioned that AssetCenter has probably the most largest asset administration installed bases amongst corporations global, with more than 800 consumers on energetic protection contracts.Gartner mentioned that the acquisition may be HP's try to fill its product gaps, chiefly in service desk application that provides helpdesk and service-stage administration capabilities.
HP already has its personal provider Desk 5.0, which turned into launched late ultimate yr, virtually four years after the closing major release, provider Desk four.5.
Georg Bock, HP's director for product administration of OpenView solutions, said that the business took longer to strengthen carrier Desk 5.0 because the product comprises a brand new architecture that underpins future OpenView products.
"It become a education no longer for the provider Desk product itself, but for the entire OpenView portfolio," he mentioned.
but Gartner stated that the Peregrine acquisition has, in reality, allowed HP to purchase market share within the IT carrier desk market--which the business was having problem constructing with its personal items after a long time of trying.
With the buyout, HP has taken a leading place in the provider desk market, 2d most effective to rival BMC, Gartner pointed out.
Matt Schvimmer, supervisor for systems and utility engineer at HP's OpenView company Unit, spoke of the enterprise is dedicated to its plan to unveil, within the next two years, a hybrid provider desk product a good way to include elements from both Peregrine ServiceCenter and HP OpenView service Desk.
Gee mentioned the acquisition has easily doubled HP's analysis and construction efforts in its service desk product. He said, "With the talent and potential that we picked up from Peregrine, we're assured of delivering on time table."
Aaron Tan of ZDNet Asia said from Sydney, Australia.
Hewlett-Packard is to purchase IT asset and repair management application supplier Peregrine systems in a money deal for $425 million, the two agencies introduced Monday. by means of integrating Peregrine's items into its HP OpenView systems management suite, HP hopes to place itself as one of the most market leaders in asset management software.
The deal is field to the approval of Peregrine shareholders and regulators and values Peregrine at $26.08 per share. The HP offer quantities to a $6.98 top class over the closing cost of business shares Friday (ticker image: PRGN.PK). In trading late Monday morning, Peregrine shares jumped with the aid of $6.30 on the information.
HP expects to close the deal no later than the primary quarter of 2006, based on a corporation release.
"The timing was appropriate to pursue Peregrine," mentioned Todd DeLaughter, vp and well-known supervisor of HP's administration utility enterprise, in a mobile interview. "As part of the construct out of our Adaptive business approach, one key class we wanted to cover become asset administration."
With Peregrine's AssetManager software, "We're certainly putting the keys to the IT protected firmly again within the fingers of the CIO," so chief information officers can retain a detailed eye on asset administration within their groups, he introduced.
situated in 1981, Peregrine is based in San Diego and has workplaces in other places within the U.S. as well as in Canada and Brazil and in a couple of locations Europe and in Asia-Pacific. Peregrine employs around seven-hundred group of workers and its shoppers consist of Cingular instant, Circuit metropolis shops, and credit Suisse neighborhood, in keeping with advice on the company's internet site.
Peregrine has had a monetary previous. The business filed for Chapter 11 chapter in September 2002 after accounting irregularities surfaced leading to an investigation via the U.S. Securities and trade fee (SEC). The irregularities eventually totaled $250 million.
in order to cut fees all through 2002, Peregrine halved its group of workers, closed places of work and bought off its remedy carrier management company to BMC utility. Peregrine emerged from Chapter eleven in August 2003 and has been taking part in trap-up with restating its SEC fiscal filings ever considering that. Eight former Peregrine executives had been indicted in October 2004 by way of a federal grand jury charged with conspiracy to commit a multibillion-greenback securities fraud from March 1999 via may additionally 2002.
DeLaughter mentioned that HP has been monitoring Peregrine's financial repute carefully for some time. "we now have demonstrated there is no unknown chance" in acquiring Peregrine, he talked about, whereas adding that some mechanisms in the case of the enterprise's restating of its financials are still ongoing.
Given a long-standing close relationship with IBM, the Armonk, new york, business could have appeared the more likely buyer of Peregrine. despite the fact, HP's DeLaughter downplayed a June expansion of a strategic alliance between IBM and Peregrine as with no trouble renewing an current agreement between the two. "Our intention is to aid IBM shoppers and IBM global features," he referred to. "Going ahead, we'll use HP's own services arm" to supply help to these purchasers.
There is a few overlap between HP's and Peregrine's carrier administration utility choices, based on DeLaughter. HP has a street map to put in vicinity as soon as the deal is accepted to merge Peregrine's ServiceCenter with ServiceDesk products and any related application in construction at Peregrine over the coming three hundred and sixty five days to 18 months, he noted.
considering that HP has relied on "an assortment of partners" in the asset administration house to this point, there's no product overlap with Peregrine's AssetManager, DeLaughter talked about. AssetManager will kind the foundation for HP's asset administration approach going forward, he introduced.
DeLaughter sees only a 20 % to 25 p.c overlap between the companies' purchasers on the provider administration side and none on the asset administration side. "there may be a massive chance to do move-selling," he stated.
HP is hoping that almost all of Peregrine workforce come over to HP, especially these in product building and revenue and advertising and marketing services, DeLaughter noted. "Peregrine has lots of depth and skill on the management level," he added. "we'd want to bring on as a lot of them as we will."
HP additionally introduced Monday that it has signed a definitive contract to acquire AppIQ Inc., a issuer of SAN (storage area network) management utility. HP declined to position a dollar figure on the buy. The deal is anticipated to shut inside 45 days, according to an HP release, when HP will fold the AppIQ company into its StorageWorks division.
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SSG designs and implements large enterprise help desk and asset management systems and is a leading implementer of HP OpenView ServiceCenter (formerly Peregrine ServiceCenter) for change management. Active Reasoning’s integration with HP OpenView ServiceCenter automatically identifies unauthorized changes and out-of-compliance actions by comparing detected activities to approved change requests residing in ServiceCenter. Together, Active Reasoning and SSG will deliver closed-loop change management to help Fortune 500 organizations improve their change control processes, report adherence to corporate and IT policies and reduce audit-related costs.
The strategic partnership between Active Reasoning and SSG expands on the two companies’ recent successful deployment at a leading healthcare provider where Active Reasoning provided 100% real-time visibility into user change. This gave the healthcare client greater confidence that its change management procedures and processes were being followed and reduced mean time to resolution of system failures by 80%.
Terry Schwab, Active Reasoning Vice President of Business Development, states, “Active Reasoning selected SSG as a VAR based on several successful engagements and honors received by SSG for exceptional service and performance in implementing ServiceCenter solutions. In working with SSG, we know that our valued clients will receive the best possible expertise.”
David Rosenblatt, Chief Executive Officer of SSG Consulting, explains the tremendous synergy between ServiceCenter and the Active Reasoning solution, “ServiceCenter incorporates customizable processes for managing requests, incidents, problems, and changes. The Active Reasoning platform integrates with ServiceCenter to validate individual activities against established processes so that our clients can truly measure policy adherence and strengthen their ongoing service management.”
About Active ReasoningWith its products installed in 59 countries on six continents, Active Reasoning is a leading provider of IT Governance Automation solutions. The Active Reasoning IT Controls Automation Platform operationalizes standards such as ITIL & COBIT, detecting, validating, and reporting unauthorized changes and out-of-policy actions on the IT infrastructure to help Fortune 500 clients meet SLAs, mitigate operational risk and reduce expenses. This is made possible by the combination of Active Reasoning’s Policy Mapping Database™, event-based collection of the who, what, when, and where of user actions, and a correlation engine providing real-time policy review and validation. Active Reasoning is backed by top-tier venture partners including ComVentures, ArrowPath Venture Partners, ONSET Ventures, and InterWest Partners. For more information, visit the company’s website at www.activereasoning.com.
Active Reasoning is a sponsor of the Gartner 25th Annual Data Center Conference, November 28th through Dec 1st, at the Rio Hotel & Casino in Las Vegas.
About SSG ConsultingSSG conceives, creates, and operates IT infrastructures to drive its clients’ growth in the digital economy. Working with Global 2000 clients, SSG provides advanced IT professional services, facilities management software and services, and telecom managed services. SSG also provides extensive service and support for HP OpenView AssetCenter and HP OpenView ServiceCenter (formally Peregrine Systems’ suite of infrastructure management products).
Active Reasoning and Active Reasoning Policy Mapping Database are trademarks of Active Reasoning, Inc. All other names mentioned herein may be trademarks of their respective owners.
Media ContactsLori Vierthaler(316) firstname.lastname@example.org
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Hewlett-Packard has agreed to purchase Peregrine Systems, the once-troubled asset management software developer that has been rebuilding its standing since emerging from bankruptcy in 2003.
HP said the $425 million transaction will close by the first quarter of 2006. Peregrine’s main product offerings are AssetCenter, which provides asset tracking and expense control, and ServiceCenter, which aims to help information technology organizations manage services.
Todd DeLaughter, vice president and general manager of HP’s Management Software Business, said AssetCenter “plugs one of the larger gaps we have had.” He said the product will be integrated into HP OpenView, adding that the combination will help chief information officers track utilization, manage IT resources and link into financial reporting systems.
DeLaughter, however, noted overlap between Peregrine’s ServiceCenter and HP’s Service Desk component. He said HP will support existing ServiceCenter products and those currently in development. In addition, the companies will devise a road map for merging their technologies in next-generation releases, he added.
Pete Karns, industry marketing manager at MRO Software, a Peregrine rival, said he believes that HP and Peregrine may face some technology integration challenges.
“While Peregrine and HP individually provide good solutions, the underlying technologies have not been rewritten onto a modern platform, and we believe that could present some integration issues for both HP and potential customers, today and into the future,” he said.
Peregrine has been working to overcome setbacks and re-establish itself in the federal market. The company filed for Chapter 11 bankruptcy protection in September 2002 and emerged from bankruptcy about a year later.
Tony Ambegaoker, executive vice president of IDL Solutions, said Peregrine has been through “some ups and downs,” but added that product quality has remained consistent. IDL Solutions, an 8(a) IT services firm, partners with Peregrine in the federal market.
“Adding the stability of something like HP behind them…will only strengthen people’s confidence in the product set,” Ambegaoker said.
DeLaughter said HP will continue Peregrine’s emphasis on the government market and use Peregrine’s capabilities to expand OpenView’s reach in the public sector.
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Exin [40 Certification Exam(s) ]
ExtremeNetworks [3 Certification Exam(s) ]
F5-Networks [20 Certification Exam(s) ]
FCTC [2 Certification Exam(s) ]
Filemaker [9 Certification Exam(s) ]
Financial [36 Certification Exam(s) ]
Food [4 Certification Exam(s) ]
Fortinet [14 Certification Exam(s) ]
Foundry [6 Certification Exam(s) ]
FSMTB [1 Certification Exam(s) ]
Fujitsu [2 Certification Exam(s) ]
GAQM [9 Certification Exam(s) ]
Genesys [4 Certification Exam(s) ]
GIAC [15 Certification Exam(s) ]
Google [4 Certification Exam(s) ]
GuidanceSoftware [2 Certification Exam(s) ]
H3C [1 Certification Exam(s) ]
HDI [9 Certification Exam(s) ]
Healthcare [3 Certification Exam(s) ]
HIPAA [2 Certification Exam(s) ]
Hitachi [30 Certification Exam(s) ]
Hortonworks [4 Certification Exam(s) ]
Hospitality [2 Certification Exam(s) ]
HP [752 Certification Exam(s) ]
HR [4 Certification Exam(s) ]
HRCI [1 Certification Exam(s) ]
Huawei [21 Certification Exam(s) ]
Hyperion [10 Certification Exam(s) ]
IAAP [1 Certification Exam(s) ]
IAHCSMM [1 Certification Exam(s) ]
IBM [1533 Certification Exam(s) ]
IBQH [1 Certification Exam(s) ]
ICAI [1 Certification Exam(s) ]
ICDL [6 Certification Exam(s) ]
IEEE [1 Certification Exam(s) ]
IELTS [1 Certification Exam(s) ]
IFPUG [1 Certification Exam(s) ]
IIA [3 Certification Exam(s) ]
IIBA [2 Certification Exam(s) ]
IISFA [1 Certification Exam(s) ]
Intel [2 Certification Exam(s) ]
IQN [1 Certification Exam(s) ]
IRS [1 Certification Exam(s) ]
ISA [1 Certification Exam(s) ]
ISACA [4 Certification Exam(s) ]
ISC2 [6 Certification Exam(s) ]
ISEB [24 Certification Exam(s) ]
Isilon [4 Certification Exam(s) ]
ISM [6 Certification Exam(s) ]
iSQI [7 Certification Exam(s) ]
ITEC [1 Certification Exam(s) ]
Juniper [65 Certification Exam(s) ]
LEED [1 Certification Exam(s) ]
Legato [5 Certification Exam(s) ]
Liferay [1 Certification Exam(s) ]
Logical-Operations [1 Certification Exam(s) ]
Lotus [66 Certification Exam(s) ]
LPI [24 Certification Exam(s) ]
LSI [3 Certification Exam(s) ]
Magento [3 Certification Exam(s) ]
Maintenance [2 Certification Exam(s) ]
McAfee [8 Certification Exam(s) ]
McData [3 Certification Exam(s) ]
Medical [69 Certification Exam(s) ]
Microsoft [375 Certification Exam(s) ]
Mile2 [3 Certification Exam(s) ]
Military [1 Certification Exam(s) ]
Misc [1 Certification Exam(s) ]
Motorola [7 Certification Exam(s) ]
mySQL [4 Certification Exam(s) ]
NBSTSA [1 Certification Exam(s) ]
NCEES [2 Certification Exam(s) ]
NCIDQ [1 Certification Exam(s) ]
NCLEX [2 Certification Exam(s) ]
Network-General [12 Certification Exam(s) ]
NetworkAppliance [39 Certification Exam(s) ]
NI [1 Certification Exam(s) ]
NIELIT [1 Certification Exam(s) ]
Nokia [6 Certification Exam(s) ]
Nortel [130 Certification Exam(s) ]
Novell [37 Certification Exam(s) ]
OMG [10 Certification Exam(s) ]
Oracle [282 Certification Exam(s) ]
P&C [2 Certification Exam(s) ]
Palo-Alto [4 Certification Exam(s) ]
PARCC [1 Certification Exam(s) ]
PayPal [1 Certification Exam(s) ]
Pegasystems [12 Certification Exam(s) ]
PEOPLECERT [4 Certification Exam(s) ]
PMI [15 Certification Exam(s) ]
Polycom [2 Certification Exam(s) ]
PostgreSQL-CE [1 Certification Exam(s) ]
Prince2 [6 Certification Exam(s) ]
PRMIA [1 Certification Exam(s) ]
PsychCorp [1 Certification Exam(s) ]
PTCB [2 Certification Exam(s) ]
QAI [1 Certification Exam(s) ]
QlikView [1 Certification Exam(s) ]
Quality-Assurance [7 Certification Exam(s) ]
RACC [1 Certification Exam(s) ]
Real-Estate [1 Certification Exam(s) ]
RedHat [8 Certification Exam(s) ]
RES [5 Certification Exam(s) ]
Riverbed [8 Certification Exam(s) ]
RSA [15 Certification Exam(s) ]
Sair [8 Certification Exam(s) ]
Salesforce [5 Certification Exam(s) ]
SANS [1 Certification Exam(s) ]
SAP [98 Certification Exam(s) ]
SASInstitute [15 Certification Exam(s) ]
SAT [1 Certification Exam(s) ]
SCO [10 Certification Exam(s) ]
SCP [6 Certification Exam(s) ]
SDI [3 Certification Exam(s) ]
See-Beyond [1 Certification Exam(s) ]
Siemens [1 Certification Exam(s) ]
Snia [7 Certification Exam(s) ]
SOA [15 Certification Exam(s) ]
Social-Work-Board [4 Certification Exam(s) ]
SpringSource [1 Certification Exam(s) ]
SUN [63 Certification Exam(s) ]
SUSE [1 Certification Exam(s) ]
Sybase [17 Certification Exam(s) ]
Symantec [135 Certification Exam(s) ]
Teacher-Certification [4 Certification Exam(s) ]
The-Open-Group [8 Certification Exam(s) ]
TIA [3 Certification Exam(s) ]
Tibco [18 Certification Exam(s) ]
Trainers [3 Certification Exam(s) ]
Trend [1 Certification Exam(s) ]
TruSecure [1 Certification Exam(s) ]
USMLE [1 Certification Exam(s) ]
VCE [6 Certification Exam(s) ]
Veeam [2 Certification Exam(s) ]
Veritas [33 Certification Exam(s) ]
Vmware [58 Certification Exam(s) ]
Wonderlic [2 Certification Exam(s) ]
Worldatwork [2 Certification Exam(s) ]
XML-Master [3 Certification Exam(s) ]
Zend [6 Certification Exam(s) ]
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