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Security solutions software provider ArcSight announces terms for IPO

January 22, 2008

ArcSight, which provides security and compliance management solutions that mitigate risk for enterprises and government agencies, announced terms for its IPO in a filing with the SEC on Tuesday. The company plans to offer 6.9 million shares, 13% by selling shareholders, at a range of $9 to $11. Morgan Stanley and Lehman Brothers are the joint book runners on the deal.