(HP) chief executive officer Carly Fiorina announced that HP's merger with Compaq Computer Corp. is proceeding as planned despite disclosure of a two billion dollar loss for the 2002 third fiscal quarter. Elimination of jobs and hiring in some segments; Restructuring costs and merger-related ...
Hewlett-Packard CEO Carleton "Carly" Fiorina formally declared that HP had closed the $19 billion merger with Compaq Computer Corporation, thus creating a global powerhouse in the IT industry. According to HP, the merger would forge a "dynamic, powerful team" consisting of 140,000 employees ...
In the brief, HP called Hewlett's evidence circumstantial at best, arguing that the lawsuit trying to overturn a March 19 shareholder vote on HP's merger with Compaq Computer is without merit. "It is time to stand down and allow these companies to get on with the work of implementing the...
We made this decision to make that merger with Compaq and, over the years, have demonstrated that it helped us to build our portfolio and to become the number one in the IT industry. You might know that three years ago, Mark Hurd who is our CEO, came on board after Carly Fiorina ...
As its pending merger with Compaq simmers, Hewlett-Packard logs a decline in fourth-quarter profits. Still, it edged ahead of analysts' lowered expectations.
that is the journey that we have been on and continue to be on. Given a choice between change and the status quo, the people ofHPchose to lead, and of course, the most visible culmination of that journey was the merger with Compaq a year ago. And today, we deliver more of the powe...
happening even before its merger with Compaq—which is why the company pushed the development of its high-end Unix Superdome server, and why HP needed to shore up the industry-standard line with the acquisition of Compaqs ProLiant product line—but that it was happening more quicky than they ...
Public knowledge of the origins of HP's corporate governance problems can be traced back to HP's controversial merger with Compaq, a merger which was pushed through by Carly Fiorina over the objections of Walter Hewlett, son of co-founder William Hewlett. The merger was announced on September ...
is 21,000. There is a decrease in the company's personal computer unit shipments in relation to its merger with Compaq. The number of employees currently employed by HP is 150,000. The percentage of small value added resellers (VAR) that will sell its HP stocks is 24 percent while the ...
Under the terms of the merger agreement, HP might have to pay Compaq as much as $675m if it backed out. The two firms would be considerably weakened; they would also be rivals again, despite having shared confidential technical and marketing information with each other over the past few ...