HP+COMPAQ In search of scope and scale By Swapneel Khavare MMS Finance HISTORIC EVENT ? A merger as big and nervy as Hewlett-Packards $ 19 gazillion acquisition of Compaq computing device in 2002 had never taken place before in Technology constancy. Carly Fiorina ,HPs CEO, believed it was the skilful move for HP The leaders technology company in the world ? ? HP William (Bill) Hewlett and David (Dave) Packard originated a company in a garage in nearby Palo Alto,california ? 1939, Packard and Hewlett established HewlettPackard (HP) in Packards garage with an initial capital investment of US$538. ? Kickstarted the ti vale?s progress ? PREMERGER POSITION OF HP-2000 Ranked 13th in fortune 500 ? Turnover US $48.8 ? 85500 employees ? Carly fiorina: Chairman (September 22) ? number largest computer manufacturer ? leader in Desktop computers, Servers, Peripherals & services. ? net infrastructure,high-end Super dome server line in September. ? HP-200 1 carry out: a advanced business unit, HP Services, reporting in a flash to the CEO ? May: systems and services base on the new Itanium processor jointly developed by HP and Intel. ? Industry stumbled, meeting growth targets became difficult. ? HP-PRODUCT PORTFOLIO Laptops/Notebooks ? Paltops/PDA ? Printers & belief consumables ? Digicams ? Scanners ? Moniters ? Mainframes ? COMPAQ Joseph R. Canion,Jim Harris & Bill Murto in Feb 1982 ? Initial investment $1.5mn. ? Manufactured & exchange IBM compatible computers ? COMPAQ-PRODUCT PORTFOLIO effort computing group ? Mainframes servers workstations ? Internet products networking products ? commercialised desktops ? Portables ? Small and mean(a) business solutions ? HURDLES FOR HP Overall labor struggling ? Adapting to the innovations ? ambition in printing ? IPG business non gaining traction ? shrinkage margins ? WHY MERGE?? Eliminate unmatched player in an oversupplied PC Market ? To compet e with IBM and some other companies ? Reduc! e Costs....If you wishing to get a full essay, purchase order it on our website: BestEssayCheap.com
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