Investment firm Elliott Associates LP offered to buy the business of Novell Inc. for $2 billion on Tuesday. Shares of Novell jumped 28 percent after the news.
Los Angeles, CA, November 24 -- Riding high on the cost-cutting measures and its foray into new markets, Hewlett-Packard Co (NYSE: HPQ) reported a 14 percent jump in its quarterly profit on Monday.
Predicting how fast a newer, more advanced, and more
costly technology will eclipse an older, established, less
expensive one is always a tricky business. Sometimes, as with
the TV industry's transition to flat-panel models, the change
happens far more quickly than expected. Yet other
transitions, such as the migration from standard-definition
DVDs to Blu-Ray discs, prove to be more painful and drawn-out
than you'd guess.
Palo Alto and Marlborough, November 11 -- In a bid to become a one stop shop for bigger customers, HP is going to buy 3Com Corporation, a leading provider of networking gears, for $2.7 billion, payable in cash or by way of shares priced at $7.90 per share.
San Francisco, September 15: Hewlett-Packard Co. has come up with many new exciting products for the vital fall season, with the major attractions being slim and light-weight laptop PCs and striking new notebooks.
New York, September 13: In an elegant merging of fashion and technology, Vivienne Tam, the Chinese fashion designer unveiled a natty new digital clutch on the runway of her Spring 2010 fashion show, during New York’s Week at Bryant Park.
Los Angeles, May 20: Battered by the ongoing recession and the consequent slump in demand, Hewlett-Packard Co. (NYSE: HPQ) reported a 17 percent drop in quarterly profits.
Hewlett Packard’s upcoming product, the HP MediaSmart Server LX195, expected to be released today (May 5) this year, is compact, smarter and is eco-friendly too.
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