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HP's stock dropped by about a further 40% after the company abruptly announced a number of decisions: to discontinue its webOS device business (mobile phones and tablet computers), the intent to sell its personal computer division (at the time HP was the largest personal computer manufacturer in the world), and to acquire British big data ...
This move enabled HP to enter the plotter market, the precursor to its leading role in the printer business. [4] In 1989, HP purchased Apollo Computer for US$476 million, [5] [6] enabling HP to become the largest supplier of computer workstations. [5] In 1995, the company bought another computer manufacturer, Convex Computer, for $150 million. [7]
HP Inc. is an American multinational information technology company headquartered in Palo Alto, California, United States. The company has subsidiaries based in countries across the world, with many of them being companies previously acquired by HP.
The vast majority of laptops on the market are manufactured by a small handful of Taiwan-based original design manufacturers (ODM), although their production bases are located mostly in mainland China. Quanta Computer pioneered the contract manufacturing of laptops in 1988. By 1990, Taiwanese companies manufactured 11% of the world's laptops.
HP's business computers are marketed under the "Pro" and "Elite" prefixes. It also manufactures the DeskJet, OfficeJet, LaserJet, and Envy series of printers. In the professional space, HP market the HP Z series of desktop workstations and its mobile equivalent, HP ZBook.
Such systems may constitute personal computers (including desktop computers, portable computers, laptops, all-in-ones, and more), mainframe computers, minicomputers, servers, and workstations, among other classes of computing. The following is a list of notable manufacturers and
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.
In 2009, HP used the Envy line as a high-performance computer without the Voodoo branding or Voodoo DNA. [6] In 2014, HP relaunched the Omen brand as a thin and light gaming laptop. Two years later, HP inc. expanded the brand to Desktop and Monitor.
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