HP to Acquire Peregrine Systems for $425M, Adds IT Asset Management Solutions

Thursday, Feb 5, 2026 12:17 am ET1min read
HPQ--

HP has agreed to acquire Peregrine Systems for $26.08 per share, or $425 million in total equity value. The acquisition adds IT asset and service management solutions to HP's OpenView portfolio, enhancing its ability to provide CIOs with crucial information for managing IT operations.

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