HP can stake a bigger claim in the infrastructure as a service (IaaS) market by creating an enterprise-friendly rival to Amazon's 'consumer' cloud, according to the head of the firm's Converged Cloud unit, Saar Gillai. HP is in the ...
Tags: HP, Computer Products
Hewlett-Packard's Ray Lane is giving up his role as chairman amid ongoing shareholder disapproval of HP's troubled Autonomy acquisition. Lane will remain on HP's board as a director but has given up his position as chairman, HP said ...
Tags: HP Chairman, PC business, PC
It's been a turbulent decade at Hewlett-Packard, with board members and CEOs resigning or being ousted for all manner of colorful reasons, including strategic missteps, accusations of spying on journalists and alleged sexual harassment. ...
Hewlett-Packard’s Ray Lane is giving up his role as chairman amid ongoing shareholder disapproval of HP’s troubled Autonomy acquisition. Lane will remain on HP’s board as a director but has given up his position as ...
Tags: Hewlett-Packard, Ray Lane, Board Chairman
Hewlett-Packard’s shareholders have voted to re-elect its entire board of directors, despite opposition from investors who wanted some members held accountable for recent troubles at HP, including the ill-fated acquisition of ...
Tags: HP, shareholders, Computer
Hewlett-Packard's shareholders have voted to reelect its entire board of directors, despite opposition from investors who want some members held accountable for recent troubles at HP, including its ill-fated acquisition of Autonomy. All ...
Tags: Computer Products, HP
HP has not been able to innovate or hold on to talent in recent years, according to former Autonomy boss Mike Lynch. Lynch, who was in charge of Autonomy when it was sold to HP in October 2011 for $11.1bn (£7bn), left the HP ...
Tags: HP, Computer Products
Hewlett-Packard's purchase of Autonomy is under investigation by the U.K. Serious Fraud Office, the company said in a regulatory filing ahead of its annual meeting where there are expected to be challenges to the re-election of Chairman Ray ...
Tags: HP, software company, software
Hewlett-Packard’s purchase of Autonomy is under investigation by the U.K. Serious Fraud Office, the company said in a regulatory filing ahead of its annual meeting where there are expected to be challenges to the re-election of ...
Tags: HP, Autonomy Acquisition, Investigation
HP has confirmed that its purchase of Autonomy is under investigation by the Serious Fraud Office (SFO), despite Autonomy's former CEO Mike Lynch (pictured) claiming that he had heard "absolutely nothing" from the investigative body. HP ...
Shares in Hewlett-Packard rose six per cent on Wall Street yesterday following better than expected results for the three months to the end of January. While sales dropped by six per cent and profits declined by 16 per cent from the ...
Tags: Hewlett-Packard, sales, company news
The U.K.'s Financial Reporting Council has launched a probe into Autonomy's financial reporting over a period of more than two years prior to its acquisition by Hewlett-Packard. Autonomy's reports from January 2009 to mid-2011 will be ...
Tags: UK, financial report, Hewlett-Packard, acquisition
Autonomy, the software vendor led by Dr Mike Lynch (pictured) and bought by HP for $10.3bn (£7.1bn) in 2011, is to be investigated over allegations of accounting irregularities. The Financial Reporting Council (FRC) has revealed it ...
Tags: Autonomy, software, company news
Hewlett-Packard will continue to evaluate potential divestitures of underperforming parts of its business, and the process could get messy, the company warned its investors in its annual 10-K document, which was filed in late December. ...
Tags: HP, potential divestitures, business, underperforming parts
HP said in a legal filing Thursday that the U.S. Department of Justice is investigating its $10.3 billion acquisition of enterprise search company Autonomy, which HP alleges inflated its value through accounting tricks. HP also said it ...
Tags: HP, U.S.Department of Justice, acquisition, DOJ investigation