Peregrine is a software development company that was acquired by HP in 2005. It has released three of the most commonly used asset inventory tools. One of these is the asset center. It is an asset management tool that is specifically fine-tuned to meet the needs of software assets. The tool allows organizations to store licensing information about their software. This is an important piece of information that many other asset inventory systems leave out. This tool can only record information about the devices and software in the organization. However, sometimes there is a need for something that can record details about the network. Peregrine created other inventory tools specifically designed for recording assets on a network. These are the network discovery and desktop inventory tools that are commonly used together. They keep an updated database of all computers and devices connected to an organization's network. They can also provide extensive details about a network, its physical topology, the configurations of the connected computers, and their licensing information. All these tools are provided to the organization under one interface. Peregrine tools are scalable, they easily integrate, and are flexible enough to cater for changes in a network. Their disadvantage shows itself when there are rogue desktop clients in a network since the tools will normally ignore them.