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Posts tagged Hewlett-Packard
Meg Whitman replaced Leo Apotheke as the new CEO of HP
Sep 23rd
HP named Meg Whitman, the former eBay Inc Chief Executive Meg Whitman as its president and CEO in the place of Leo Apotheker. Apotheker has been harshly criticized before and in a bid to restore investor confidence HP took this step.
Whitman is an Internet retail expert who transformed eBay from a few dozen employees in 1998 into a global Internet retail powerhouse. Her elevation surprised many with its hastiness and Apotheker becomes the third straight HP CEO shown the door.
“Some might be saying maybe Meg Whitman isn’t the right person, either. She’s not a hardware person,” said Auriga analyst Kevin Hunt. But HP “just needs someone to set the direction.”
Whitman said HP remained committed to completing a review of its PC division before the year ends, and expected to close the pricey $12 billion acquisition of British software maker Autonomy Corp Plc as planned.
HP’s shares closed down 4.8 percent at $22.80, wiping out much of Wednesday’s 6.6 percent gain.
“We would view any decision not to conduct a comprehensive search of internal and external candidates for a permanent CEO role as unsatisfactory and More >
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HP Tablet mania starts with the liquidation of HP Touchpads!
Aug 23rd
HP discounted tablets and Touchpad rates. The $99 HP tablet has arrived. Hewlett-Packard TouchPads are being liquidated in the wake of HP’s announcement that it is shuttering the WebOS device business. HP announced a fire sale over the weekend. The company’s website listed the 16 GB model at $100 and the 32 GB version at $150.
Across the Internet Sunday and Monday, people were frantically trying to find out where they might score that one $99 tablet. At this point, it appears that brick and mortar stores More >
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HP discontinuing the Operations of WebOS phones and Touchpads!
Aug 19th
HP Killing its line of webOS devices and Touchpads. WebOS phones are great devices, much beloved by users, but they haven’t sold well. This may be the reason that HP has confirmed that they will be discontinuing operations surrounding the TouchPad and all webOS phones.
A press release from the company today reads “HP reported that it plans to announce that it will discontinue operations for webOS devices, specifically the TouchPad and webOS phones.” More >
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HP acquiring Autonomy – The Enterprise Software Company
Aug 19th
HP, the largest computer manufacturer is in talks to buy Autonomy, an enterprise infrastructure software company. A report from Bloomberg states that HP is all set to buy the European infrastructure software company Autonomy for $10 billion.
Hewlett-Packard will discontinue its line of products running its WebOS operating system, including TouchPad tablets, the company said today.
Autonomy’s main technology, ‘Intelligent Data Operating Layer‘ (IDOL), allows search and processing of text taken from database, audio, video or text files or streams. The company’s software allows enterprises to provide insight and structure to electronic data, including unstructured information, such as text, email, web pages, voice, or video.
HP also reported that it is exploring ‘strategic alternatives’ for its Personal More >
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