BNET Industries
Hewlett-Packard Co. (HPQ) is in the Technology Industry
- Revenue
- Oct 31 2007
- $104.2B
- Profit
- Oct 31 2007
- $7.2B
- Market Cap
- May 14 2008
- $112.5B
Latest News and Analysis
Dell: We're Greener Than HP
Dell said Wednesday that it is designing its laptops and desktops to consume up to 25 percent less energy by 2010 compared to today. Welcome to the latest in the "we're greener than you" game where green technology intersects with marketing-speak. Green IT is fashionable, but increasingly...
HP buys IT outsourcing firm EDS for USD13.9bn
HP is acquiring IT outsourcing firm Electronic Data Systems EDS for approximately USD13.9bn, or USD25 per share. EDS, which will keep its brand, will continue to operate from its Texas headquarter and be led by current chairman and CEO Ronald A Rittenmeyer, who will join HP's executive council. HP...
HP to Buy EDS in Challenge to IBM
By Franklin Paul NEW YORK (Reuters UK) - Hewlett-Packard HPQ plans to buy technology outsourcing company Electronic Data Systems EDS to better compete against IBM IBM, but Wall Street questioned whether the $12.6 billion (6.5 billion pound) deal for a slow-growing company was overpriced. HP...
HP Seals EDS Deal; Services No. 2 Behind IBM; Can Hurd Run EDS Better?
Updated: Hewlett-Packard CEO Mark Hurd said Tuesday he plans to use a familiar playbook to integrate Electronic Data Systems: Leverage scale, squeeze costs — and underpromise and overdeliver. "We're running the playbook we know how to run very well," said Hurd, on a conference call with analysts....
EDS Internal Memo on the HP Purchase
HP acquired EDS in a deal valued roughly at $12.8 billion. The move was outlined Tuesday morning amid a healthy dose of skepticism. Here's a memo from EDS CEO Ron Rittenmeyer, who will now report to HP CEO Mark Hurd. To the EDS Worldwide Team: Today...
HP Challenges IBM With $12.6 Billion EDS Deal
NEW YORK (Reuters) - Hewlett-Packard Co HPQ has struck a deal to buy Electronic Data Systems Corp EDS for $12.6 billion, seeking to boost its technology services business to better compete against market leader IBM IBM. The companies said the deal values EDS...
HP Posts Higher Profit in Preliminary Report
NEW YORK (Reuters) - Hewlett-Packard Co HPQ posted better-than-expected quarterly profit on Tuesday in a preliminary earnings report released shortly after it announced plans to buy Electronic Data Systems Corp EDS for about $12.6 billion. Net income in the second quarter...
HP acquiring EDS for USD12bn-USD13bn - Rumour
Hewlett-Packard HP is believed to be in negotiations to acquire IT outsourcing firm Electronic Data Systems EDS for between USD12bn-USD13bn, with the deal seen as a move to position itself to compete with IT services market leader IBM. ...
HP makes multi-billion dollar bid for EDS
Hewlett-Packard HP is in talks to acquire IT outsourcing firm Electronic Data Systems EDS. The price could be between USD12bn and USD13bn, according to The Wall Street Journal. The deal would offer a significant challenge to IBM, which leads the world's market for IT services followed by EDS and...
BT and HP signing USD2.92bn data centre deal
BT is in negotiations with Hewlett-Packard HP to sign a deal worth an estimated GBP1.5bn (USD2.92bn) that would see HP acquire the UK telco’s UK data centres. The move is seen as part of BT’s push to streamline its global services division to a more simplified...
HP to buy BT's data centres in USD2.9bn deal
BT is in talks with Hewlett-Packard HP to sell its UK data centres for around GBP1.5bn (USD2.9bn) in cash, says The Sunday Times. The move is part of BT’s push to streamline and simplify its global services division, giving HP a large chunk of its data-sharing operations. Under the...
BT in Talks to Sell UK Data Centres to HP
LONDON (Reuters UK) - BT Group BT is in talks to sell its British data centres to the U.S. computer firm Hewlett-Packard HPQ for 1.5 billion pounds, the Sunday Times reported. The report said the move would deepen existing ties between the two companies and help...
AMD Launches First Computer Brand
By Duncan Martell SAN FRANCISCO (Reuters) - Advanced Micro Devices Inc AMD on Sunday unveiled its first computer brand, aimed at small and medium-sized businesses, with design and sales help from its major chip customers such as Dell Inc. AMD Business Class desktop...
Citigroup Officials Look to HP For Advice: Report
NEW YORK (Reuters) - Citigroup Inc C is seeking advice from Hewlett-Packard HPQ on how the ailing bank can improve its fortunes, drawing on the IT firm's encounter with similar trouble in the past, the Financial Times reported on Tuesday. Citigroup's top officials...
Citigroup Officials May Look to HP For Advice
NEW YORK (Reuters UK) - Citigroup Inc C is seeking advice from Hewlett-Packard HPQ on how the ailing bank can improve its fortunes, drawing on the IT firm's encounter with similar trouble in the past, the Financial Times reported on Tuesday. Citigroup's top officials have been...
IBM Raises Full Year Earnings Target
By Philipp Gollner SAN FRANCISCO (Reuters) - IBM IBM posted stronger-than-expected quarterly results on Wednesday and raised its 2008 outlook, boosting the shares 2.7 percent and sending an encouraging signal about technology earnings in the face of a weak U.S. economy....
Is Bad Marketing Killing Future Sales?
If you're not careful, your marketing group might set up sales channels that ruin your firms ability to forge long-term customer relationships. The software business is notorious for this. There are now many companies that let you have exactly one support telephone call for free. ...
Does Fear Motivate Employees?
Some bosses lead through empowerment, others through intimidation. When I think of an empowering boss, I think of exemplars such as Hewlett-Packard co-founder David Packard and "The H-P Way." On the intimidation side, well, let's just say Al Dunlap earned his nickname "Chainsaw". So which...
Simplify Printer Management through HP Smart Printing Services
Check out this TechRepublic Webcast, presented in conjunction with PC Connection and now available on demand, to learn how HP's newest printer leasing program, HP Smart Printing Services, can simplify your printing environment while helping you rein in your printing-related costs once and for all. Through HP...
Board Management: Quiet Revolution at HP
A great many chief executive officers have looked at their boards as, well, unfortunate necessities. They don't truly value the expertise and insight that can be gleaned from a board. So they've tended to work with their nominating committees to stack their boards that term is only slightly too uncharitable...
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- Incorporated: 1947
- CEO: Mr. Mark V. Hurd
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Hewlett-Packard Co. Company Info
Board of Directors
Mr. Mark V. Hurd
Chairman
Mr. G. Kennedy Thompson
Mr. Richard A. Hackborn
Lead Director
Mr. Lawrence T. Babbio Jr.
Ms. Sari Baldauf
Mr. John H. Hammergren
Mr. Joel Z. Hyatt
Mr. John R. Joyce
Mr. Robert L. Ryan
Ms. Lucille S. Salhany
Contact Information
3000 Hanover Street
Palo Alto, CA
650 857-1501
NAICS Code
Electronic Computer Manufacturing: 334111
