Hewlett-Packard acquires IBRIX
US based tech giant HP has announced their decision to acquire IBRIX.
HP said that this acquisition would help them boost their enterprise storage offerings.
IBRIX specializes in offering enterprise-class file-serving software solutions like data protection and data management services.
HP said: “Customers need highly scalable storage solutions that efficiently and cost-effectively manage [...]
After HP, Acer might overtake Dell globally
Dell continues to struggle in the global personal computer market.
Hewlett Packard is already ahead of them and now Acer might catch up to become the second largest PC maker in the world.
Acer is gaining a lot of market share from the sales of their cheap netbook products [...]
Hewlett-Packard profit down 17%
Hewlett-Packard has come out with their latest revenue report and the company’s profit figures have come down 17%.
The company said that the sales of personal computers and printer ink were slow in the recent quarter.
HP’s chief financial officer, Cathie Lesjak admitted that it is too early to call if the [...]
HP Software University established
Hewlett Packard is collaborating with Indian Institute of Hardware Technology to launch the HP Software University.
HP said that this project is the first of its kind programme in the non-enterprise training space.
The aim is to train people in software testing to meet the growing demand for such professionals in [...]
HP cuts pay to avoid job cuts
US based tech giant Hewlett Packard has apparently applied a pay cut across the company.
This step was taken to avoid potential job cuts as the company too is feeling the pinch of the weakening economy.
Inside sources say that the company CEO Mark Hurd said in an internal memo that [...]
Ron Rittenmeyer to leave EDS by the end of the year
HP has revealed that Ron Rittenmeyer who is the CEO of EDS would leave the company at the end of the year.
HP recently acquired the company for $12.6 billion.
The company added that they would now integrated EDS in their technology solutions group.
HP [...]
HP expecting a better 2009
Hewlett-Packard has successfully managed to overcome the challenge posed by weakening economy.
The world’s largest PC manufacturer has posted stronger-than-expected results.
HP has also now forecast full-year profit above Wall Street estimates.
The news helped the company get a boost at the stock market as its share went up by 10%.
Shannon Cross of [...]
LeftHand Networks being acquired by HP
US based tech giant HP has announced that they are acquiring LeftHand Networks.
LeftHand Networks specializes in providing storage virtualization and iSCSI storage area network solutions.
The deal is worth around $360 million.
HP said that this acquisition would enhance their offerings in its iSCSI suite.
LeftHand Networks has around 215 employees and [...]
Hewlett-Packard to cut lots of jobs as part of acquiring Electronic Data Systems
Hewlett-Packard has announced that they plan to cut around 24,600 jobs over the next three years as they are in the process of acquiring Electronic Data Systems.
HP said that most of these job cuts would be from the Electronic Data Systems operations. And [...]
Hewlett-Packard post improved profits
US based personal computer maker HP has come out with their latest revenue report.
The company has gained from improved sales of laptop, blade. They have also gained from improved sales in the international market.
The revenues for the company were up 10 percent to US$28 billion in the quarter ending July.
The revenues from [...]
