HP Completes Tender Offer for ArcSight, Inc.; Expects to Complete Acquisition within Several Days


PALO ALTO, Calif., Oct. 21, 2010 - HP today announced that it has completed its
tender offer for ArcSight, Inc. that was commenced on September 22, 2010 at a
price of $43.50 per share in cash.

HP's tender offer for all of the outstanding shares of ArcSight expired at midnight,
New York City time, on October 20, 2010. As of that time, approximately
33.1 million shares, representing approximately 92.1 percent of ArcSight's
outstanding shares, were tendered and not withdrawn in the offer (including shares
tendered by notice of guaranteed delivery). HP has accepted for payment all
tendered shares.

The completion of the tender offer is the first step in HP's two-step acquisition of
ArcSight. The second and final step, the merger of ArcSight with an HP subsidiary,
is expected to occur within the next several days.

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