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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