Merger anf Takeover
In summary, Compaq is leading server and storage market transition. It extends service offerings and increase asset velocity and PC innovation. At the same time, Compaq is leveraging operational improvements for increased EPS and cash flow.
All these are regarded by HP as a beneficial aspect in connection with the plan of merger.
2.2 HP company profile before merger
Hewlett-Packard (HP) is a big company which provides computers, imaging and printing peripherals, computer-related services, and software. In the HP years of the 21st century, HP focuses on three key areas of invention: connected access devices, intelligent, infrastructure solutions and applications that can be delivered over networks as Web services. Under Carly Fiorina's direction, HP continues its process of reinvention as a company. HP divides its businesses into two customer-facing organizations and three product-generation organizations. Compaq focuses on being a unifying force across the Internet, building out the business-critical Internet ,delivering
next-generation access devices, and ensuring customer success through global partnerships, solutions and services. By mid-2001, the focus put an even greater emphasis on total solutions for customers. The company's goal is to become the world's leading IT solutions provider. (www.hp.com)
With the introduction in February of two software families -- HP Netaction Software Suite and HP OpenView Software Suite -- HP unites its software offerings into a comprehensive platform for developing, implementing and maintaining Internet-based services. In May of 2001, HP introduces systems and services based on the new Itanium processor, developed by HP and Intel. Developed as an extremely parallel high-performance architecture, Itanium is the platform for next-generation 64-bit computing. In September, HP acquires StorageApps, whose storage virtualization technology enables customers to easily implement and manage storage networks. …
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Merger anf Takeover
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