Cupertino, Calif.-based ArcSight may be the next acquisition in the security business. That is, if a report from today’s Wall Street Journal holds true.
The Journal says the company is “quietly” shopping itself around to some of the tech world’s largest firms, including Oracle, HP, EMC, IBM, and CA.
Citing sources close to the matter, the Journal reported that ArcSight may be auctioning off its business to the highest bidder, which could fetch up to $1.5bn.
ArcSight primarily focuses on supplying appliances for security information and event management (SEIM) and compliance, with customers that include some of the largest Fortune 500 companies and other large public-sector organizations.
A spokesperson from ArcSight declined to comment on the report.