The top 10 mergers and acquisitions in the network industry in 2009 all cracked the billion-dollar barrier, and involved vendors in hardware, IT services, collaboration, storage, wireless infrastructure and other segments. IT behemoths such as Oracle, Cisco, Dell, HP, EMC and IBM were among the biggest spenders.
Lifted by fast-growing notebook shipments, Taiwan's Acer grabbed the No. 2 spot in the global PC market for the first time over Dell, according to iSuppli.
Hewlett-Packard reported an 18 percent jump in profit for its fiscal fourth quarter, thanks to cost-cutting efforts and the strength of its services business.
Hewlett-Packard reported an 18 percent jump in profit for its fiscal fourth quarter, thanks in large part to the strength of its services business.
3Com's board of directors is facing a lawsuit over the proposed acquisition by Hewlett Packard Development Company, but a financial analyst who studies Ethernet switching argued if approved, both vendors would benefit from the deal.
Hewlett-Packard on Monday announced a pair of servers aimed at companies that want to build large-scale computing clusters while maximizing data center space.
A Colorado man has sued Hewlett-Packard, saying that its Pavilion Elite desktop computers are "inherently defective," and constantly lock up within 10-20 minutes of use.
It started with a cup of coffee between 3Com COO Ron Sege and HP ProCurve chief Marius Haas a year ago.It ended with this week's $US2.7 billion blockbuster acquisition of 3Com by HP. In between were regular dialogue and updates, a demonstration at Interop last May, a technology bake-off in HP labs, and then an offer.
Hewlett-Packard's acquisition of networking gear vendor 3Com will unlock a major new market for the company, taking its growing rivalry with Cisco Systems to China, analysts said Thursday.
HP's news that it would lay down $US2.7 billion to acquire network switch maker 3Com not only causes industry watchers to look ahead at what could come of such a deal, but also reminds many of the IT vendor's long history of billion-dollar acquisitions.
Hewlett-Packard has agreed to buy 3Com for about US$2.7 billion, pushing forward the giant IT vendor's strategy for combining computing, storage, services and networking under one roof.
Hewlett-Packard has unveiled new offerings to help customers address IT sprawl and build IT infrastructures that can quickly scale as the need arises.
That accelerometer in your new iPhone 3GS must seem pretty cool, switching the phone to landscape view and steering you through racing games and all. But it's nothing compared with what Hewlett-Packard has come up with.
A certain truth about the big IT vendors is they want to sell as much as possible to any one customer and now, with virtualization, cloud computing and very tight IT budgets, they believe they have an opening.
Hewlett-Packard's CEO, Mark Hurd, is raising issues with cloud computing, on everything from its name to its ability to offer a secure environment.