The newly spun-off tech giant HP Enterprise has decided not to compete in public cloud computing and will seek partnerships with Amazon and others, chief executive Meg Whitman said Monday.
Seventy-seven years after Bill Hewlett and Dave Packard began tinkering in a Palo Alto garage, the company that became the foundation for Silicon Valley is breaking up.
One of the nation's most storied tech companies will split in two this weekend, another casualty of seismic shifts in the way people use technology—and big-company sluggishness in responding.
Hewlett-Packard Co. is preparing to shed up to another 30,000 jobs as the Silicon Valley pioneer launches into a new era in the same cost-cutting mode that has marred much of its recent history.
Hewlett-Packard's ill-fated acquisition of software maker Autonomy will cost another $100 million, as the personal computer and printer maker prepares to settle class-action litigation tied to the 2011 deal.
Hewlett-Packard announced Thursday it was selling a 51 percent stake in its China-based server business, creating a joint venture with Tsinghua Holdings that will be a sector leader in China.
Hewlett-Packard's PCs, tablets and accessories are going to start using audio technology from Denmark's Bang & Olufsen.
Hewlett-Packard is buying wireless networking company Aruba Networks for about $2.7 billion, in what amounts to HP's first major acquisition since its disastrous purchase of a British software company in 2011.
Hewlett-Packard boss Meg Whitman has graduated from the dollar-a-year club, as the struggling company prepares to split up.
Hoping to give a boost to its mobile-computing business, Hewlett-Packard unveiled eight new tablets and related products Tuesday aimed at educators, retailers, health care workers and other professionals.