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Peregrine Systems
From Wikipedia, the free encyclopedia
| Peregrine Systems, Inc | |
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| Type | Public |
|---|---|
| Founded | 1981 |
| Headquarters | San Diego, California, USA |
| Industry | Computer software |
| Products | ServiceCenter AssetCenter Connect.It Enterprise Discovery |
| Revenue | $191.10 million USD (2004) |
| Employees | 700 |
| Slogan | Evolve Wisely |
| Website | www.peregrine.com |
Peregrine Systems, Inc. developed enterprise software solutions in the enterprise asset management, change management, and help desk markets. Founded in 1981 and headquartered in San Diego, California, Peregrine conducted business from offices in the Americas, Europe, and Asia Pacific.
In 2001, an accounting scandal forced Peregrine into bankruptcy and resulted in criminal indictments for 11 senior managers.
In 2003, Peregrine was charged with "massive fraud" by the U.S. Securities and Exchange Commission for allegedly falsifying sales and exaggerating revenue, then covering up the scheme.
Peregrine's leadership was compelled to cover up their schemes, all the while selling off their Peregrine stock, as a result of an audit by BMC who was interested in buying the company. This (along with other scandals) eventually led to the demise of Arthur Andersen who aided those executives involved in the deceptions in the cover up. Much like Enron, the fraud eventually led to many outside investors and Peregrine employees, who invested their earnings in Peregrine's internal stock plan, losing thousands of dollars.
Hewlett Packard acquired Peregrine Systems on December 19, 2005. The Peregrine products are now sold under the HP OpenView brand and is part of the HP Software Global Business Unit.
Contents |
- AssetCenter - IT Enterprise asset management software
- ServiceCenter - ITIL-enabled Help desk software
- Connect-It - Data integration tool
- Enterprise Discovery - Discovery and Inventory tool
- Get-Services - Web based application providing employees with self service access to the Help Desk. Front-end to ServiceCenter.
- Get-Resources - Web based application providing employees with self service access to a request management system. Front-end to ServiceCenter or AssetCenter.
- Get-Answers - Web based knowledge management application.
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