HP strengthens workforce experience platform with acquisition of Vyopta
HP Inc. announced it has acquired Vyopta, an Austin based provider of collaboration management solutions, offering analytics and monitoring for large, unified communications and collaboration (UC) networks. Vyopta brings extensive expertise and infrastructure to turbocharge the development of HP’s Workforce Experience Platform and
Hewlett Packard Enterprise raises annual profit forecast on AI strength
By Zaheer Kachwala (Reuters) - Hewlett Packard Enterprise raised its annual profit forecast on Wednesday, as demand for artificial intelligence servers continues to pick up owing to higher investments in AI infrastructure by businesses. However, shares of HPE fell nearly 3% in
HP to continue $4 billion damages case against Mike Lynch
By Sourasis Bose (Reuters) - Hewlett Packard said on Monday it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch's estate in the UK. The U.S. company had been seeking compensation over its
HP forecasts downbeat profit as weak PC market, competition weigh
By Juby Babu (Reuters) - HP forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on Wednesday, owing to choppy demand in the personal computers market and competitive pricing, even though revenue grew after more than
HP forecasts 2024 profit in line with estimates, boosts annual dividend
By Samrhitha Arunasalam (Reuters) - HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting stabilizing demand in the personal computers market. Companies such as HP, Lenovo and Dell Technologies have seen demand