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Data center and storage networks continue to be a key part of big tech corporations' M&A strategy. Hewlett-Packard Co. (NASDAQ:HPQ) proved as much Friday by announcing the acquisition of Ibrix Inc., whose software helps companies cost-effectively manage huge amounts of user-generated data. HP said that the deal, for which terms...
Posted on July 17, 2009 1:01 PM
Four months. If all goes as planned, that's how long it will take Hewlett-Packard Co. to close on its acquisition of Electronic Data Systems Corp. Not bad for a $13.9 billion transaction. In announcing a robust third-quarter earnings report -- earnings were up 11%, to $2 billion, revenue rose 10%,...
Posted on August 20, 2008 11:50 AM
On Monday, I posted on the political donations of executives from Anheuser-Busch Cos., Google Inc., Electronic Arts Inc. and Take-Two Interactive Software Inc. But that was just a fraction of what I turned up plugging names into this campaign search tool at Huffingtonpost.com. All told, I searched about 20 corporate...
Posted on July 1, 2008 11:20 AM
Hewlett-Packard Co. has decided to shuffle its deal team at a pivotal time in its history. The world's largest PC maker is in the throes of hammering out its megadeal to acquire Electronic Data Systems Corp. The $13.9 billion price tag makes the deal the largest all-cash purchase by a...
Posted on June 18, 2008 11:56 AM
Back when news broke of Hewlett-Packard Co.'s $13.9 billion acquisition of Electronic Data Systems Corp., we wondered what the deal meant for HP's Ann Livermore. As executive vice president of the technology solutions group, Livermore oversees HP's business services group. Under terms of the deal, control of the outsourcing portion...
Posted on June 2, 2008 9:57 AM
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