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HP Misled IT Buyers About Plans to Phase out Its Itanium Server Platform
Mar 20, 2013Hewlett-Packard misled IT buyers about plans to phase out its Itanium server platform and in the process stole potential sales from Oracle and other rivals, costing Oracle about US$95 million in profits, the company plans to testify in a ...
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Mike Lynch Has Stoked The Fire Against HP in His First on-Stage Interview
Mar 4, 2013Mike Lynch, the former CEO of Autonomy, has stoked the fire against HP in his first on-stage interview since the war of words between his former company and its acquirers began. HP shares up amid signs of confidence in restructuring ...
Tags: Autonomy, HP, accounting irregularities
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A Federal Judge Dismissed a Lawsuit Challenging The Payout in The Separation Agreement
Dec 31, 2012IDG News Service - A federal judge dismissed a lawsuit challenging the payout in the separation agreement between Hewlett-Packard and its former CEO Mark Hurd in 2010. The lawsuit filed by HP shareholders against Hurd and the company's ...
Tags: HP, Hewlett Packard, Hurd, Oracle
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Class Action Is Filed Against HP After Investors Claim Firm Violated Securities Law
Dec 31, 2012A class action has been filed against HP after investors claim the firm violated federal securities law,following its acquisitions of Autonomy and EDS. The case put forward at the Court for the Northern District of California in San ...
Tags: class action, against HP
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Two Big Accountancy Firms Are Named in New Lawsuit Claiming Damages for HP Shareholders
Dec 27, 2012Two of the big four accountancy firms have been named in a new lawsuit claiming damages for HP shareholders following the write-down of Autonomy. HP bought Autonomy in 2011 for $11.7bn, but last week claimed former managers at the UK ...
Tags: HP, Autonomy, SEC, UK software
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Autonomy Founder and Former CEO Mike Lynch Has Written an Open Letter to HP
Dec 24, 2012Autonomy founder and former CEO Mike Lynch has written an open letter to HP calling for immediate and specific explanations to the allegations HP has made about the software company. HP bought UK software company Autonomy for $11.7bn in ...
Tags: HP, software company, software, HP allegations
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News of Weak Server Sales Have Not Given Tech Industry Watchers Much to Cheer About
Nov 30, 2012IDG News Service-News of weak server sales,continuing turmoil at Hewlett-Packard and the ongoing U.S.political impasse over the so-called"fiscal cliff"have not given tech industry watchers much to cheer about this week. Major IT companies ...
Tags: tech industry, HP, server sales, Microsoft, IBM, Intel
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Netgear Talks About Market Competition and Partner Strategy in The India Market
Nov 14, 2012Chairman and CEO, Netgear, talks about market competition and partner strategy in the India market. CW: Over the years, what has redefined the networking market, which was more about switches and routers? Lo: Presently, the network is ...
Tags: Netgear, India, market competition, partner strategy