Tag Archives: HP

HP to Acquire Software Firm Autonomy Corp. for $11.7B Cash; CEO Leo Apotheker Comments

Hewlett-Packard Co. (NYSE: HPQ) has placed a recommended cash offer to purchase prominent U.K. software firm Autonomy Corp. for $42.23 per share, or over $11.7 billion. HP’s new HP Vision subsidiary will acquire the enterprise information software management firm. Autonomy founder and CEO Mike Lynch will continue to lead its operations. The boards of both companies …

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HP Appoints Melinson as VP of Global Gov’t Affairs, Deputy General Counsel

Hewlett-Packard (NYSE: HPQ) has appointed Gregg Melinson as vice president of its global government affairs and deputy general counsel, effective Sept. 19, 2011. Melinson will report to Michael Holston, executive vice president and general counsel for HP. Melinson has worked at Drinker Biddle & Reath LLP for close to 20 years, …

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HP Added to $1.1B DOJ IDIQ; Stolkey Comments

  HP Enterprise Services (NYSE: HPQ) has been added to the U.S. Justice Department‘s potential $1.1 billion information technology support services-4 contract. The award has one performance base year and six one-year option periods. HP will compete with 19 other companies for task orders under the contract. HP will offer software, application …

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Northrop, HP, Unisys Declare Stock Dividend Payments

Northrop Grumman (NYSE: NOC) has declared a quarterly dividend of $0.50 per share on its common stock, payable Sept. 10, 2011, to shareholders of record as of the close of business Aug. 29, 2011. Hewlett-Packard (NYSE: HPQ) has declared its fourth dividend of the 2011 fiscal year. The regular cash dividend of 12 cents per share on …

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Juniper Networks Names Mercedes Johnson to Board of Directors; Scott Kriens Comments

IT firm Juniper Networks (NYSE: JNPR) has named Mercedes Johnson, former senior vice president and chief financial officer of Avago Technologies Limited, to its board of directors. Johnson, who has more than 20 years of financial leadership and corporate-management experience, was hailed by Juniper’s chairman of the board of directors, …

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IT Firms Team up to Promote Virtualization

A slate of top IT firms, including Eucalyptus Systems of HP’s Eucalyptus Systems (NYSE: HPQ), IBM (NYSE: IBM), Intel (NASDAQ: INTC), Red Hat Inc. (NYSE: RHT) and BMC Software (NASDAQ: BMC) have joined forces to promote the Open Virtualization Alliance, a consortium devoted to the adoption of open virtualization technologies …

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HP Enterprise Reaches $500 Million Deal with Aussie Tax Agency

HP (NYSE:HPQ) Enterprise Services reached an agreement with the Australian Taxation Office, the government’s principal revenue collection agency, worth $500 million, U.S. According to the firm, “Under the five-year agreement, HP will deliver the agency’s Centralized Computing Services, which support the ATO’s new multisource model. HP will deliver Data Center …

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HP Wins Spot on $2.5B NASA ID/IQ; Dennis Stolkey Comments

HP (NYSE: HPQ) Enterprise Services won a spot on a NASA ID/IQ contract worth up to $2.5 billion. The deal carries a four-year base term and two three-year options. The firm “will provide end-user desktop services and devices that will increase NASA’s efficiency and allow its employees to more easily …

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HP Latest to Book $4 Billion IRS Deal

HP (NYSE: HPQ) Enterprise Services secured a spot on the IRS’s $4 billion IT project, Total Information Processing Support Services Information Technology Services, or “TIPSS-4 ITS”. The contract carries a one-year base term with nine one-year options. Other project winners include Citizant and CGI Federal.

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HP Inks $68 Million SOCOM Deal; Dennis Stolkey Comments

HP (NYSE: HPQ) Enterprise Services won a $68.1 million data center services contract from the U.S. Special Operations Command. The deal carries a four-year term.  With the deal in place, the firm will work to cover enterprise-wide data center management support services. “The volume of stored information in the world …

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