Hewlett-Packard

American information technology company

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August 20 2024 Mike Lynch and his 18-year-old daughter drowned after their yacht sank, resulting in a total of seven fatalities.
August 17 2024 Steve Chamberlain was hit by a car while jogging.
June 2024 A jury acquitted Autonomy founder Mike Lynch and co-defendant Steve Chamberlain in the Autonomy acquisition dispute.
2019 HP sued Autonomy management in London, but failed to produce conclusive evidence of fraud.
June 9 2015 HP agreed to pay investors who bought HP shares between August 19, 2011 and November 20, 2012 to settle lawsuits over the Autonomy purchase.
August 2014 A United States district court judge rejected a proposed settlement in the Autonomy acquisition lawsuit.
November 2012 HP recorded a write-down of approximately $8.8 billion related to the Autonomy acquisition, accusing the company of deliberately inflating its value.
September 10 2012 HP revises restructuring figures and begins cutting 29,000 jobs.
July 10 2012 HP discovers a security vulnerability in its Server Monitoring Software and releases a patch addressing two vulnerabilities.
May 30 2012 HP unveils its first net zero energy data center, utilizing solar energy and other renewable sources.
May 23 2012 HP announces plans to lay off approximately 27,000 employees due to a 31% profit decline, driven by the growing popularity of mobile devices.
March 21 2012 HP merges printing and PC divisions into one unit, with Todd Bradley leading the division and Vyomesh Joshi leaving the company.
October 2011 HP acquired 87.3% of Autonomy Corporation PLC shares at a premium of around 79% over market price, despite internal criticism of the deal's high valuation.
September 22 2011 HP Board of Directors fires Léo Apotheker and replaces him with Meg Whitman as CEO, with Raymond J. Lane as executive chairman.
August 18 2011 HP announces strategic exit from smartphone and tablet computer business, considering selling or spinning off its personal computer division.
September 30 2010 Léo Apotheker is named HP's new CEO and president, sparking criticism from Larry Ellison due to SAP's previous intellectual property issues.
August 6 2010 Mark Hurd resigns as CEO amid controversy, with CFO Cathie Lesjak assuming the role of interim CEO. His departure caused HP shares to drop by 8.4% in after-hours trading.
July 1 2010 HP finalizes the acquisition of Palm, Inc. and later launches its first tablet, HP TouchPad, bringing webOS to tablet devices on July 1, 2011.
April 28 2010 HP announces acquisition of Palm, Inc., aiming to improve mobile presence and gain valuable patents and the webOS mobile operating platform.

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