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HP buys Palm
Hewlett-Packard Co. (HP) on Wednesday announced that it has agreed to buy Palm Inc., the Silicon Valley-based smartphone maker, for about 1.2 billion U.S. dollars. The two companies said that under their agreement, HP will purchase Palm at a price of 5.7 dollars per share of Palm common stock in cash or an enterprise value of approximately 1.2 billion dollars.
HP eyes enormous growth opportunities in China
The facility, opening for business in January 2010 and capable of rolling out up to 4 million personal computers (PCs) a year, reflects the strategic importance of the Chinese market for HP as well as the world's largest PC maker's long-haul commitment to China, a senior HP executive told Xinhua in a recent interview.
HP tug-of-war continues
Infuriated faulty laptop users protested loudly outside Hewlett Packard's (HP) headquarters in Beijing Friday afternoon, demanding refunds for computers that overheated and suffered from black screen errors. It was the latest sign of mounting pressure on the global computer maker in the ongoing effort by consumers to receive compensation for prob-lematic HP computers.
HP, Microsoft announce joint efforts on cloud computing
Hewlett-Packard (HP) and Microsoft on Wednesday announced a three-year agreement to jointly invest 250 million U.S. dollars to advance cloud computing and simplify technology environments for businesses of all sizes.
HP launches new scale-out NAS
HP has launched a new scale-out NAS (network attached storage) to address the ever-growing need for unstructured data storage, such as video, documents and, higher up the chain, image processing and video rendering that is hitting corporations.
HP to acquire 3Com for $2.7b
HP will acquire routing and switching veteran 3Com for around $2.7 billion, partly due to 3Com's success in the emerging Chinese market. The all-cash, $7.90 per share deal has been authorized by the boards of both companies, 3Com said, and pending approvals will close in the first half of 2010.
HP Well-positioned for Growth in Expanding Global IT Market
With the industry’s broadest portfolio, HP is in a superior position to help customers manage and transform their technology systems and operations. The company plans to continue to leverage the acquisition of EDS to expand margins and market share with growth in services as well as new hardware and software sales
HP Introduces SkyRoom: Powerful and Affordable Videoconferencing for Businesses
HP (NYSE: HPQ) established a new category in videoconferencing with the introduction of HP SkyRoom – affordable, high-definition videoconferencing software(1) that offers live, real-time collaboration for instant face-to-face meetings with no subscription fees.
HP Unveils New Designs Across PC Portfolio
“Design is not just about what the computer looks like or even what it does for us. It’s also about the experience of using the PC and ultimately what the computer says about us,” said Stacy Wolff, director of notebook design, Personal Systems Group, HP. “We look at every opportunity to design the ‘wow’ that people value in a PC – that surprises, delights and fulfills.”
HP Helps Enterprises Enter New Era of Efficient, Effective and Integrated Document Workflows
HP announced several new imaging and printing offerings, the expansion of its 25-year relationship with Canon Inc., and new channel programs to help businesses streamline and integrate paper-intensive processes with digital workflows.
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