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Peregrine Systems

Peregrine Systems, Inc
Industry Computer software
Fate Acquired by Hewlett-Packard in 2005
Founded 1981
Headquarters San Diego, California, US
Products IT Management Software
Website www8.hp.com/us/en/software/enterprise-software.html

Peregrine Systems, Inc. was an enterprise software company, founded in 1981, that sold enterprise asset management, change management, and ITIL-based IT service management software. Following an accounting scandal and bankruptcy in 2003, Peregrine was acquired by Hewlett-Packard in 2005. HP now markets the Peregrine products as part of its IT Service Management solutions, within the HP Software Division portfolio.

Peregrine Systems was founded in 1981 in Irvine, California. The founders and employees were Chris Cole, Gary Story, Ed Beck, Kevin Keyes and Richard Diederich. They started selling Peregrine Network Management System (PNMS) on a Series One computer while developing an MVS version. The MVS client/server solutions for PNMS became available in 1995.

In 1989, John Moores, founder of BMC Software and owner of the San Diego Padres Major League Baseball team, became a member of the Peregrine Board of Directors. He served as Chairman from March 1990 through July 2000 and then again in 2002. He resigned from the Board in 2003 during the company's bankruptcy filing. His involvement in the software industry continues today with investments through his venture capital firm JMI Equity. The legacy of his investments has been focused on ITSM software packages with the most recent investments made in ServiceNow.

Peregrine had offices in the Americas, Europe and Asia Pacific and grew its product line rapidly both organically and via acquisitions, including Harbinger Corporation in 2000, and Remedy Corporation in 2001.


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