HP mixing R&D and M&A for innovation: COO Bill Veghte
HP is focused on growing its core businesses as the company works to right its ship, according to HP chief operating officer Bill Veghte.
HP is focused on growing its core businesses as the company works to right its ship, according to HP chief operating officer Bill Veghte.
HP won’t let go of old storage technologies as it tries to transition customers to new ones, according to company officials at the HP World Tour in Beijing.
During HP’s Discover event in Frankfurt, Germany, new products in the vendor’s Converged Storage portfolio were announced.
Dell has agreed to buy virtualized storage vendor Compellent Technologies in an all-cash deal worth US$27.75 per share, a little more than the $27.50 per share price tag it was discussing with the company last week, but still lower than the stock's Monday-morning opening price of $28.30.
After losing a drawn-out bidding war to Hewlett-Packard to acquire storage vendor 3Par earlier this year, Dell re-opened its coffers in a bid to acquire Compellent Technologies, hoping the company will be the answer to its midrange storage area network (SAN) needs.