Articles by HP News Desk

HP Stock Falls 6.5% After Spending $13.9BN to Acquire EDS

Tue, 13 May 2008 16:00:00 EDT

HP's acquisition of EDS for $13.9BN - announced today - will, the company claims, double sales in its services business (already $16.6BN in fiscal 2007), but that didn't stop HP shares tumbling today on the New York Stock Exchange. The price of $25 a share represents a 32.5% premium to the EDS closing price of $18.86 on Friday.

HP Labs To Pursue 20 to 30 Large IT Research Projects

Fri, 07 Mar 2008 04:30:00 EST

In a press event today at HP company headquarters, HP announced that it has sharpened the focus of its advanced research group, HP Labs, to address the most complex challenges facing technology customers in the next decade - dividing its efforts into 5 areas of interest: the information explosion, dynamic cloud services, content transformation, intelligent infrastructure and sustainability.

HP Goes with Mobile Thin Client

Tue, 05 Feb 2008 12:00:00 EST

HP is about to put out a novel 1GHz Celeron laptop it calls a mobile thin client, its first, apparently the result of its acquisition of Neoware. Wyse, the other remaining thin client maven, beat HP, now the market leader, to the punch a few months ago and added two more models the other day looking much like HP's. HP's thing, which starts at $725, has no drive or fan or any moving parts at all; it's thoroughly solid-state including the 1GB flash module.

HP May Accidentally Kill Black Duck & Palamida

Tue, 29 Jan 2008 11:30:00 EST

See, HP is open sourcing widgetry very much like theirs, widgetry that it developed for itself over the last seven years at the cost of 'millions of dollars,' it says, and 60 man-years work that sorts out the various licenses that govern open source software - imagine, there are 1,700 licenses in OpenOffice alone - and lets you know if said licenses have been tinkered with in any way. It calls it FOSSology and has made it available at FOSSology.org under the GPLv2. It's designed, it says, to address the acquisition, tracking and licensing of FOSS. It can detect code reuse and provenance even if the code has been changed.

HP Positioned in Leaders Quadrant for Several Strategic Software Markets

Thu, 17 Jan 2008 08:00:00 EST

HP announced it has been positioned in the 'Leaders' quadrant in industry analyst firm Gartner Inc.'s Magic Quadrant reports.(1,2,3) Gartner positioned HP in the leaders quadrant in the IT Event Correlation and Analysis, the PC Life Cycle Configuration Management and the Integrated SOA Governance Technology Sets Magic Quadrant reports.

Customers Select HP and Oracle to Modernize Legacy Environments

Mon, 17 Dec 2007 18:45:00 EST

HP and Oracle, in collaboration with Intel, announced that their Application Modernization Initiative is gaining momentum as customers increasingly migrate away from legacy systems to drive business growth with more reliable and efficient IT infrastructures.