Hewlett-Packard Co. on Thursday said it has agreed to acquire TruLogica Inc., the latest in HP's buying spree to build out its strategy of providing an IT management system built on emerging software infrastructure standards.
TruLogica, a privately held identity management software vendor, is expected to become a part of HP's Software Global Business Unit. The Dallas-based company's flagship Concero product would be sold through HP's sales channels for OpenView, the Palo Alto, Calif., company's product line for managing IT hardware, software and networks.
The deal is expected to close within 30 days. Financial terms were not disclosed.
Recent acquisitions show HP is buying infrastructure technology that would help customers move to service-oriented architectures, the latest buzzword for what proponents say is the next-generation of distributed computing.
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