Exclusive: HP Labs Head Prith Banerjee Leaving

The onetime dean of the College of Engineering at the University of Illinois at Chicago is leaving HP for an overseas position, sources say.
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Seven Questions for Bill Veghte, Hewlett-Packard’s New Chief Strategy Officer

Meet the 20-year Microsoft veteran who’s now in charge of steering HP’s strategic vision.
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Sterne Agee’s Shaw Wu Likes the Look of the Newly Streamlined HP

With HP shares trading at at their lowest level in about two years, yesterday’s shakeup within the ranks of its senior management will be seen as an important step in Léo Apotheker’s remaking of the company. One analyst sees a buying opportunity.
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HP’s Big Shakeup: Bocian and Mott Out; Livermore Steps Down, Joins Board

As we reported, Peter Bocian, chief administrative officer, is out, but so is CIO Randy Mott. Meanwhile, Ann Livermore is stepping down from her day-to-day duties and joining the board of directors.
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News Byte

HP to Buy ArcSight for $1.5 Billion

As expected, Hewlett-Packard (HPQ) has agreed to acquire ArcSight for about $1.5 billion, cash. HP said this morning that it will pay $43.50 a share for the security-software maker, a 24 percent premium over it’s closing price last Friday. “From a security perspective, the perimeter of today’s enterprise is porous, putting enormous pressure on clients’ risk and compliance systems,” Bill Veghte, HP’s executive vice president of software and solutions, said in a statement. “The combination of HP and ArcSight will provide clients with the ability to fortify their applications, proactively monitor events and respond to threats.”

Microsoft Loses Another Windows Veteran

High-level Microsoft departures are becoming a regular event. Last month, Windows senior VP Bill Veghte said he was leaving the company after 20 years. This month, it’s Mike Nash, corporate VP for Windows Platform Strategy, who has tendered his resignation.

Sinofsky Named Windows Division President (Official Announcement and Memo)

Steven Sinofsky, senior vice president of Microsoft Windows and Windows Live Engineering Group, was given a bump-up in title today. He was promoted to president, joining Stephen Elop, Bob Muglia, Qi Lu and Robbie Bach as the fifth company executive with that title. The official announcement and all-hands memo, after the jump.
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And by “Holidays,” We Mean Christmas, Chinese New Year or Easter

Microsoft has finally given Windows 7 a release date. According to Bill Veghte, senior vice president for Windows, the next iteration of the company’s operating system will arrive at market in time for the holiday shopping season.
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And by “Holidays,” We Mean Christmas, Chinese New Year or Easter

Microsoft has finally given Windows 7 a release date. According to Bill Veghte, senior vice president for Windows, the next iteration of the company’s operating system will arrive at market in time for the holiday shopping season.
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Yusuf Mehdi Gets a Big New Job at MSN–But Still No Digital Head in Sight

Longtime Microsoft exec Yusuf Mehdi is taking over a big part of Microsoft’s online services portfolio–including marketing, business development and product management for MSN and the search properties. But Microsoft has yet to name an overall digital head for these online properties, which has been promised by Microsoft CEO Steve Ballmer since the departure of Kevin Johnson in late July.