The deal, announced Wednesday, is designed to enhance HP's OpenView system management software and increase its presence in the enterprise management arena. Last September, HP, a storage management company, and Peregrine Systems, which makes software .
Trustgenix, a Santa Clara, Calif.-based company, develops so-called , which is designed to allow customers and partners to log in their user identification and password only once in order to access partner Web sites without re-entering the data.
"Identity federation appeals strongly to companies in the telecommunications, financial services, manufacturing and government industries," Todd DeLaughter, HP's OpenView general manager, said in a statement.
HP's OpenView has been the subject of, which were addressed last month in a security advisory by NGS Software. HP has since issued a patch for those flaws.
The company expects to close its acquisition of Trustgenix within the next 30 days. Financial terms of the deal were not disclosed.