HP

Will create networking industry powerhouse with a proven, edge-to-data center set of solutions and global reach

PALO ALTO, Calif., and MARLBOROUGH, Mass., Nov. 11, 2009 -- HP and 3Com Corporation (NASDAQ: COMS) (“3Com”) today announced that they have entered into a definitive agreement under which HP will purchase 3Com, a leading provider of networking switching, routing and security solutions, at a price of $7.90 per share in cash or an enterprise value of approximately $2.7 billion. The terms of the transaction have been approved by the HP and 3Com boards of directors.    » read more »

Raises Fiscal Year 2010 Earnings and Revenue Outlook

PALO ALTO, Calif., Nov 11, 2009 -- HP (NYSE: HPQ) today announced preliminary results for the fourth fiscal quarter 2009, with revenue of $30.8 billion, down 8% from a year earlier; down 5% when adjusted for the effects of currency and up 12% sequentially.    » read more »

Pledges to help save the world’s forests

WASHINGTON, Oct.15, 2009 -- HP today announced it has joined the Global Forest & Trade Network in North America (GFTN-NA), a World Wildlife Fund (WWF) initiative linking more than 300 companies globally that share a commitment to responsible forestry.

By becoming a member of the GFTN, HP has committed to progressively increase the amount of responsibly harvested fiber used in its paper products and sold globally. HP has set a target of 40 percent of its paper sales from Forest Stewardship Council-certified or post-consumer recycled sources by 2011.

As part of meeting these goals, HP will be engaging with suppliers and informing customers of its commitment. WWF will provide technical assistance toward reaching these goals.    » read more »

Strategic alliance to deliver integrated IT/telecom solutions for service providers and enterprises, and for HP to transform and manage Alcatel-Lucent IT infrastructure

PALO ALTO, Calif., June 18, 2009 -- HP (NYSE: HPQ) and Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced they have signed a relationship agreement establishing both parties’ intent to form a 10-year global alliance to help customers leverage the convergence of telecommunication and IT.

Once the definitive agreement has been executed, the companies will jointly market solutions and capabilities that enable end-to-end transformation for service providers and enterprises.    » read more »

PALO ALTO, Calif., June 17, 2009 -- HP today launched a new online video series offering small and medium business (SMB) owners a breadth of information from sources they know and trust.

Insights from the Experts: Technology Tips for Small Business, a new resource offered in the HP Total Care portfolio, features influential insiders discussing how people can green, mobilize and grow their small businesses.    » read more »

PALO ALTO, Calif., June 15, 2009 -- HP today announced it has selected professors from around the world to receive awards as part of its second annual HP Labs Innovation Research Program.

Sixty projects from 46 universities in 12 countries will receive awards from HP Labs, the company’s central research arm. The program is designed to create opportunities for colleges, universities and research institutes to conduct breakthrough collaborative research with HP.    » read more »

Sydney, June 8, 2009 -- EDS, an HP company, has signed one of two expanded applications services contracts – with a combined value of $330 million (AU$450 million) – that Telstra, Australia’s largest telecommunications provider, announced today to improve performance and lower costs.

EDS’ five-year, $140 million (AU$190 million) deal is one of the largest application management engagements signed this year in Australia. Its agreement also includes potential additional discretionary opportunities of up to $245 million (AU$334 million). Under the agreement, which runs through to 2014, EDS will provide applications development and management services for Telstra’s critical business applications.    » read more »

PALO ALTO, Calif., June 8, 2009 -- HP, Intel Corporation and Yahoo! Inc. today announced that three new research organizations will join Open Cirrus™, a global, multiple data center, open source test bed for the advancement of cloud computing research.

The new entities, which include the Russian Academy of Sciences, South Korea’s Electronics and Telecommunications Research Institute and MIMOS, a strategic research and development organization under the Ministry of Science, Technology and Innovation in Malaysia, were revealed today at the first Open Cirrus Summit.    » read more »

New Technology, Services and Financial Incentives Offered

ARMONK, N.Y. - 29 May 2009: IBM (NYSE: IBM) today announced new services and programs to help more companies lower costs and reduce inefficiency by migrating from Sun and HP servers to IBM's System z, particularly on the Linux platform.

The new Server Consolidation and Migration Services offering, which includes patent-pending technology, can dramatically reduce the time and effort in moving applications from siloed, inefficiently used servers to a more cost-effective and easier-to-manage IBM mainframe infrastructure.

IBM also announced a program -- z Rewards -- that offers financial incentives to help customers take advantage of these migration services.    » read more »

Power To Change initiative allows users to realize the impact of shutting down idle PCs

PALO ALTO, Calif., June 2, 2009 -- HP today announced the launch of Power To Change, a campaign that encourages personal computer users around the world to make behavioral changes in support of the environment.

The campaign encourages users to download a new desktop widget that tracks the cumulative energy savings associated with participants turning off idle PCs when not in use.    » read more »

FORT WORTH, Texas, May 22, 2009 -- What do tech-savvy frequent flyers want most? The desire to stay connected via Wi-Fi topped the technology requests, according to a new study conducted by American Airlines and HP.

The recent survey among frequent flyers shows how flyers continue to rely on technology to meet their business and travel needs.

More than 47 percent of business travelers surveyed indicated Wi-Fi was the most important airport amenity, outscoring basic travels needs such as food by nearly 30 percentage points.    » read more »

Net revenue down 3%, or up 3% in local currency, from a year earlier to $27.4 billion

PALO ALTO, Calif. -- May. 19, 2009-- HP (NYSE:HPQ) today announced financial results for its second fiscal quarter ended April 30, 2009, with net revenue of $27.4 billion, down 3% from a year earlier and up 3% when adjusted for the effects of currency.    » read more »

PALO ALTO, Calif., March 24, 2009 -- HP today announced that it has resolved patent violation issues with China-based Ninestar Image Co., Ltd. relating to HP 02 and HP 14 inkjet cartridges.(1)

As part of the settlement, Ninestar acknowledges that HP’s patents are valid and infringed, and has agreed to stop selling the cartridges in question in the United States and other countries where HP has corresponding patent rights. Additionally, the company has agreed to pay HP an undisclosed sum of money.    » read more »

Palo Alto, Calif., March 3, 2009 -- The following is a statement from Michael J. Holston, HP general counsel and executive vice president:

“HP welcomes today’s introduction of patent reform legislation in the House and Senate, and thanks Senators Patrick Leahy and Orrin Hatch and Congressmen John Conyers and Lamar Smith for championing improvements in our country’s patent system.    » read more »