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The split was structured so that the former Hewlett-Packard Company would change its name to HP Inc. and spin off Hewlett Packard Enterprise as a newly created company. HP Inc. retained the old HP's personal computer and printing business, as well as its stock-price history and original NYSE ticker symbol for Hewlett-Packard; Enterprise trades ...
The research center of Hewlett-Packard in the Paris-Saclay cluster, France. HP's global operations were directed from its headquarters in Palo Alto, California. Its US operations were directed from its facility in an unincorporated area of Harris County, Texas, near Houston. Its Latin America offices were in unincorporated Miami-Dade County ...
As of 2012, Hewlett-Packard had made a total of 129 acquisitions since 1986; [3] The majority of companies acquired by HP were based in the United States. Its first acquisition was the FL Moseley Company in 1958. This move enabled HP to enter the plotter market, the precursor to its leading role in the printer business. [4]
Ronald A. Rittenmeyer, EDS Chairman, President, and CEO, remained at the helm and reported to HP CEO Mark Hurd until his retirement. [9] In December 2008, HP announced that Rittenmeyer would retire at the end of the month. [10] As of 2008, EDS employed 300,000 people in 64 countries, the largest locations being the United States, India and the UK.
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CSC's former headquarters in El Segundo, California, USA (branch office after 2008). Computer Sciences Corporation (CSC) was an American multinational corporation that provided information technology (IT) services and professional services.
HP's first quarter fiscal 2024 net revenue was $13.2 billion, representing a 4.4% decrease (4.9% in constant currency) year-over-year. [29] [30] HP's strong operating activities in the first quarter of fiscal 2024 generated $121 million in net cash. The company also reported a positive free cash flow of $25 million for the quarter.