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The Hewlett-Packard Company, commonly shortened to Hewlett-Packard (/ ˈ h juː l ɪ t ˈ p æ k ər d / HEW-lit PAK-ərd) or HP, was an American multinational information technology company headquartered in Palo Alto, California.
The company was formed on November 1, 2015, as the legal successor of the original Hewlett-Packard Company after the company's enterprise product and business services divisions were spun off as a new publicly traded company, Hewlett Packard Enterprise. [3] HP is listed on the New York Stock Exchange and is a constituent of the S&P 500 Index.
After this two-year gap, in 2014, HP returned to the acquisition market by acquiring Computer Networking Software company Shunra. The majority of companies acquired by HP are based in the United States. On December 31, 2014, HP announced that it will split into two companies, Hewlett Packard Enterprise and HP Inc. The former focuses on ...
Dion Joseph Weisler (born 20 August 1967 [1] [2] [3]) is an Australian-born businessman, and was the chief executive officer and president of HP Inc. from November ...
In the 1970s and 1980s, CSC expanded globally winning large contracts for the finance and defense industries and through acquisitions in Europe and Australia. In 2000, CSC founded a joint-venture called Innovative Banking Solutions AG [ 8 ] in Wiesbaden , Germany, to market their newly developed SAP solution for mortgage companies.
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In May 2008, HP and EDS announced that they had signed a definitive agreement under which HP would purchase EDS at a price of $25.00 per share, or an enterprise value of approximately $13.9 billion. The terms of the transaction were unanimously approved by the HP and EDS boards of directors. The transaction closed on 26 August 2008.
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