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In 2014, HP returned to the acquisition market by acquiring computer networking software company Shunra. On October 6, 2014, HP announced that it would split into two companies, Hewlett Packard Enterprise and HP Inc. The former focuses on enterprise infrastructure hardware, software and services, whilst the latter focuses on consumer markets ...
At the time of their 2002 merger, Compaq and HP were the second and third largest PC manufacturers, so their combination made them number one. However, the combined HP-Compaq struggled and fell to second place behind Dell from 2003 to 2006. Due to Dell's struggles in late 2006, HP has led all PC vendors from 2007 to 2012.
HP produced lines of printers, scanners, digital cameras, calculators, personal digital assistants, servers, workstation computers, and computers for home and small-business use; many of the computers came from the 2002 merger with Compaq. HP as of 2001 promoted itself as supplying not just hardware and software, but also a full range of ...
HP stock traded down by 30% on the news of the merger. [7] The Compaq merger created the world's largest personal computer manufacturer in terms of units shipped. [53] [54] [55] Fiorina was frequently at odds with HP's board of directors, [47] [56] and she had to fight with the board for the merger.
The $9.6 billion merger, which had been proposed early that year, was at the time the largest such deal in computing history and was intended to help Compaq compete in the highly competitive ...
Compaq struggled as a result of the merger with DEC, [77] and was acquired by Hewlett-Packard in 2002. Compaq, and later HP, continued to sell many of the former DEC products but re-branded with their own logos. For example, HP now sells what were formerly DEC's StorageWorks disk/tape products, [79] as a result of the Compaq acquisition.
HP Inc. is an American multinational information technology ... Attempted merger with Xerox ... Compaq had previously sponsored Williams F1 during the 2000 and 2001 ...
Much of Hurd's success at HP was based on cost-cutting. Previous CEO Carly Fiorina sharply expanded the company's employee and cost base with the acquisition of Compaq. The new CEO bought info ...