3/15/2004 - HP announced it has signed a definitive agreement to acquire TruLogica, Inc., a privately held provider of IT user-provisioning software headquartered in Dallas. Terms of the deal, which is subject to customary closing conditions, were not disclosed.
TruLogica's innovative software automates the time-consuming process of managing user privileges across multiple technology systems, instantly allowing end users access to the right IT resources according to predetermined policies and processes.
Upon close, HP plans to integrate TruLogica technology into HP OpenView Select Access software to form a complete federated identity management offering. The integrated offering is expected to automate the full range of IT user-lifecycle management and access control tasks - from user activation to deactivation.
For a typical IT environment, these tasks are handled manually and can take staffers an average of seven days to complete. With TruLogica, the process can be reduced to just a few hours, enabling IT to be much more responsive to critical business needs.
"Ninety percent(1) of companies have a common goal to reduce the cost of doing business by becoming more adaptive. To do this, smart IT and business managers dynamically link business and IT with a tightly integrated management solution that automates burdensome, repetitive IT processes," said Nora Denzel, senior vice president, HP Adaptive Enterprise. "TruLogica's automated user provisioning, combined with the breadth and depth of the HP OpenView management software portfolio, will help our customers drive down the costs and time associated with managing changes in user IT privileges - so they can realize the benefits of becoming an adaptive enterprise."
This is the latest in a series of management software acquisitions by HP designed to help customers reduce costs and become more adaptive. In February, HP announced its intent to acquire Novadigm, Inc. and Consera Software for automation capabilities. The Consera acquisition was completed later that month; the Novadigm acquisition is subject to Novadigm shareholder approval and customary standard closing conditions. In 2003, HP acquired Persist Technologies for information lifecycle management, Talking Blocks for Web services management and Baltimore Technologies' Select Access business for federated identity management.
"Increasingly enterprise customers are looking for integrated identity management solutions from their major management and platform technology partners," said Phil Schacter, vice president and director, Burton Group. "Identity and entitlement provisioning and management over the lifecycle of a business relationship is critical to effective management of service delivery, achieving regulatory compliance, and enabling new business opportunities without compromising security."
HP was attracted to the TruLogica technology because of its:
Following completion of the transaction, the TruLogica technology and business will become an integral part of HP's Software Global Business Unit and TruLogica products will be available through HP OpenView software channels. The technology also will be leveraged across HP's Technology Systems, Customer Solutions and Consulting and Integration Services organizations.
More information about HP Adaptive Enterprise solutions is available at http://www.hp.com/go/adaptive.
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. For the last four fiscal quarters, HP revenue totaled $74.7 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.
(1) Meta Group, "The Adaptive Dilemma," Feb. 17, 2004, Corey Ferengul.
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