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HP Inc. enages in the provision of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. It operates through following business segments: Personal Systems, Printing, and Corporate Investments. Read More The Personal Systems segment offers commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support and services for the commercial and consumer markets. The Printing segment gives consumer and commercial printer hardware, supplies, solutions and services,and scanning devices. The Corporate Investments segment includes HP Labs and certain business incubation projects. The company was founded by William R. Hewlett and David Packard in 1939 and is headquartered in Palo Alto, CA.
Palo Alto, California
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Autonomy executives fudged revenues from clients, court told
Deal with Tottenham Hotspur and others used to inflate software firm’s sales, claimants allege Executives at the British software company Autonomy mischaracterised revenues from clients including Tottenham Hotspur, the Serious Fraud Office and the BBC to inflate software sales figures ahead of a disastrous £8bn acquisition by the US firm Hewlett-Packard, London’s high court has heard. HP is suing the former Autonomy founder Mike Lynch and former chief financial officer Sushovan Hussain, accusing them of a...
PRESS DIGEST- Financial Times - March 26
March 26 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Sports Direct says it may launch takeover bid for Debenhams on.ft.com/2HG1aiq MPs vote to seize control of Brexit on.ft.com/2HLXKuP HP alleges Mike Lynch engaged in 'deliberate fraud' on.ft.com/2HH1mhz Overview Mike Ashley’s Sports Direct International Plc said on Monday it was considering a takeover bid for Debenhams Plc , in a last-dit...
Wall Street JournalMar 25
Ill-Fated Hewlett-Packard Deal Is Back in Court
LONDON— Hewlett-Packard HPQ -1.91% bought U.K. software developer Autonomy for $11.1 billion in 2011. Just a year later, the famed U.S. tech company said it had been duped into overpaying as it took an $8.8 billion write-down.
Expected May 29, After Hours