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The department, as the Department of Commerce, was formed in 1965 by Section 225 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.325.The Michigan Department of Licensing and Regulation was abolished with most responsibilities transferred to the newly formed Department. [1]
At the time of the spin-off, HPE's revenue was slightly less than that of HP Inc. [3] In 2017, HPE spun off its Enterprise Services business and merged it with Computer Sciences Corporation to become DXC Technology. Also in 2017, it spun off its software business segment and merged it with Micro Focus. [4]
*Note: this list includes joint-ventures based in Michigan, subsidiaries of Michigan-based companies also located in Michigan, and companies based in Michigan currently owned or controlled by private equity, venture capital, or other similar entities. Below is a separate list of outside companies with a significant presence in Michigan.
In 1967, he proposed the business model that eventually became known as "outsourcing" [3] and which led to exponential growth for EDS. In the 1970s, EDS expanded initially into more insurance services and later credit unions, and by 1975 revenue topped $100 million (~$440 million in 2023) and the company began bidding for work internationally.
Company name Angola: Hewlett‑Packard Angola, Ltda. Argentina: HP Inc Argentina S.R.L. Australia: HP PPS Australia Pty Ltd Tower Software Engineering Pty Ltd Austria: HP Austria GmbH Bahrain: Aptitude Management Consulting W.L.L. HP France SAS, Bahrain Branch Belgium: Hewlett‑Packard Industrial Printing Solutions Europe BVBA HP Belgium BVBA
Printing business of Samsung (by HP Inc.) Printing and imaging Korea, South $1,050,000,000 [150] January 17, 2017: February 17, 2017: SimpliVity (by HPE) Hyper-converged infrastructure: United States $650,000,000 [151] January 23, 2017: January 23, 2017: Cloud Cruiser (by HPE) Cloud cost management and optimization United States — [152] March ...
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