WSJ: ArcSight Inc. Is On The Block and Could Fetch $1.5 Billion

ArcSight Inc., a security software maker, is up for sale, the Wall Street Journal reports.

Bidders include Oracle Corp., Hewlett-Packard Co., EMC Co., IBM Corp., and CA Inc. ArcSight could fetch $1.5 billion, the WSJ said.

Cupertino, Calif.-based ArcSight has received VC funding from firms like Kleiner Perkins Caufield & Byers, Institutional Venture Partners, Integral Capital Partners and New Enterprise Associates.