HP cutting 9,000 jobs during billion dollar enterprise services restructuring

HP isn’t being shy about spending cash and taking big steps to reinvent itself lately: it just spent $1.2b on Palm in order to strengthen its consumer device portfolio, and now it’s announcing another billion-dollar outlay designed to streamline its enterprise services business and fully consolidate its $12.5b acquisition of EDS. Part of the process will involve laying off some 9,000 workers over several years as HP moves to automate more and more of its data centers and integrate more of EDS, but the company is planning to add some 6,000 jobs in different areas over the same period of time, so the hurt isn’t too bad. Taken together with the Palm acquisition, this means that both HP’s enterprise and consumer divisions will undergo some radical changes in the next few months — we’ll see how things pan out.

HP cutting 9,000 jobs during billion dollar enterprise services restructuring originally appeared on Engadget on Tue, 01 Jun 2010 10:40:00 EDT. Please see our terms for use of feeds.

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HP rolls out four new LCD monitors, three are 1080p

While we pine for the days of large 16:10 panels, we have to admit Hewlett-Packard knows how to craft a sleek-looking 16:9. This week, the electronics manufacturer launched four new no-nonsense LCD screens at the movie-friendly aspect ratio, the HP 2010i, 2210m, 2310m and 2710m. While the first two digits of each alphanumeric reflect its diagonal screen size (except for the 2210m, which is apparently 21.5 inches across), the ‘i’ designation apparently reflects the fact that you’re getting a sub-par 1600 x 900 resolution and DVI / VGA inputs, when the other three monitors also display HDMI content in full 1080p. All four panels have reasonably low response times, embedded 2W speakers and 1000:1 contrast ratios, and at their current prices ($180, $220, $260 and a likely $350-$400, respectively) all will likely make suitable choices if you’re in the market for an above-average computer screen. Us? We’ll make do with old Dell products while we wait for the company’s wallpaper model.

HP rolls out four new LCD monitors, three are 1080p originally appeared on Engadget on Thu, 27 May 2010 04:34:00 EDT. Please see our terms for use of feeds.

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HP says webOS coming to slates and web-connected printers

We joked about HP printers running webOS almost the second we learned about the Palm acquisition, but it turns out that’s actually part of the plan: HP CEO Mark Hurd told analysts that webOS would hit a “variety of form factors, including slates and web-connected printers” on the company’s Q2 financial results call today. webOS tablets were obviously a no-brainer, but printers are slightly more intriguing, in a way: while we’re not overly surprised HP wants to leverage webOS on its line of advanced touchscreen printers, we’re very curious to see what that actually looks like in practice — a printer with Synergy-level Facebook integration for easy photo printing? A printer that can play 3D games like Need for Speed? A printer that can… multitask? The possibilities are amusingly endless, if you think about it — and HP’s printing and imaging division is a $6.4 billion dollar business, so the money and motivation to push this idea into strange new places are certainly there. Speaking of money, HP’s doing just well on that front in general: profits were up 25 percent this quarter to $2.9 billion on total revenues of $30 billion, so yeah — Palm certainly has the money and resources it’s desperately needed. Now it just needs some new products and sharper execution.

HP says webOS coming to slates and web-connected printers originally appeared on Engadget on Tue, 18 May 2010 18:09:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceCNET, HP financials, HP Twitter  | Email this | Comments

HP bought Palm after a five-company bidding war

Palm and HP seem like the happiest of corporate couples right now, but theirs was a heated courtship: according to Palm’s latest statement to shareholders, a total of 16 companies were contacted about a deal, and HP was the winner of a month-long bidding war that involved serious offers from five companies — a bidding war that involved Jon Rubinstein personally warning HP that it had to “significantly and immediately” increase its offer to remain in the game. What’s more, HP’s winning bid came in at just 20 cents a share more than its primary rival. Yeah, it’s juicy — read on for the full blow-by-blow.

Continue reading HP bought Palm after a five-company bidding war

HP bought Palm after a five-company bidding war originally appeared on Engadget on Sun, 16 May 2010 16:13:00 EST. Please see our terms for use of feeds.

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New Core i7, Core i5 mobile processors to debut in HP Envy?

Intel’s churning out the mobile chips like nobody’s business — no sooner does it admit the existence of Core i5 and Core i3 ULV CPUs, the chipmaker finds itself with more explaining to do. That’s because dedicated Hewlett-Packard fans just found references to three new standard-voltage Core 2010 chips in the service manuals for the new HP Envy 17 and Envy 15 gaming laptops. The i7-840QM appears to be Intel’s new top-of-the-line quad-core CPU, sporting a 1.86GHz clock that turbos up to 3.20GHz (or 3.20MHz, if you believe the above screencap) and 8MB of L3 cache; the i7-740QM is two steps down with 1.73GHz / 2.93 GHz clocks and a 6MB L3 cache; and the i5-450M appears to be indistinguishable from the existing i5-520M with 2.4GHz / 2.93 GHz clocks and 3MB of L3 to help it along. Given the megahertz typo above and the fact that none of these new processors appear anywhere else in the documentation, we wouldn’t be surprised if these specs weren’t rock-solid… but if they are, the new Envy may well live up to its name. Full PDF available below.

[Thanks, Reznov]

New Core i7, Core i5 mobile processors to debut in HP Envy? originally appeared on Engadget on Sun, 09 May 2010 18:38:00 EST. Please see our terms for use of feeds.

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Entelligence: Meet H/Pre

Entelligence is a column by technology strategist and author Michael Gartenberg, a man whose desire for a delicious cup of coffee and a quality New York bagel is dwarfed only by his passion for tech. In these articles, he’ll explore where our industry is and where it’s going — on both micro and macro levels — with the unique wit and insight only he can provide.

Adding even more drama to an pivotal and transformative year in tech, last week HP announced it will buy Palm for the nice round sum of 1.2 billion dollars — a move that will position it as a major player in the crowded mobile market. HP is no stranger to mobility — the iPaq was once a defining mobile product — but over the years the company has been unable to replicate that success with similar efforts in as the dynamic shifted from PDAs to phones. Buying Palm is a quick way of getting back in the game.

This deal underscores the velocity of mobile and how that speed is affecting long term winners and losers. Many had written off Palm’s relevance in the market, which might have been a correct assessment if Palm had ended up elsewhere. But I think Palm found a good home. In addition to Todd Bradley, the former CEO of Palm who now leads HP’s Personal Systems Group, there are many Palm alumni at HP. This means that there should be a relatively smooth transition and overall good cultural fit. That’s important because time is of the essence — the market won’t wait around for HP to integrate Palm.

Continue reading Entelligence: Meet H/Pre

Entelligence: Meet H/Pre originally appeared on Engadget on Fri, 07 May 2010 17:30:00 EST. Please see our terms for use of feeds.

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HP buys Palm: the liveblog

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Well, we can’t say we were expecting HP to step up and be the one to buy Palm, but here we are, getting ready to liveblog the conference call. The deal is worth some $1.2b, and we’ve heard that HP is “doubling down” on webOS, so we’re eager to find out what’s in store — and, quite frankly, we’re excited to repeatedly hear that it’s really, really true. It’s about to start at 5PM EST, keep it locked right here.

Continue reading HP buys Palm: the liveblog

HP buys Palm: the liveblog originally appeared on Engadget on Wed, 28 Apr 2010 16:54:00 EST. Please see our terms for use of feeds.

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HP takes chisel in hand, mulls over Android and Linux slates

Feelings about the leaked HP Slate notwithstanding, the company’s already considering its tablet PC successors — and if The New York Times‘ sources are right, they may be of Android and Linux varieties. Where the forthcoming HP Slate is, erm, slated to run Windows 7, The Grey Lady reported last week that a six-inch Android tablet was also on the way. Now, a prominent magazine editor reportedly tells the paper a Linux version may also be in development. For its part, HP isn’t denying the claims. “I’m certain that we will be announcing new Slates in the future as they are a very interesting area for us,” said media relations director Marlene Somsak, whose only added caveat was that HP isn’t currently announcing an Android slate.

HP takes chisel in hand, mulls over Android and Linux slates originally appeared on Engadget on Thu, 22 Apr 2010 09:09:00 EST. Please see our terms for use of feeds.

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HP’s Designjet 3D series start shipping to wealthy European prototypers

HP's Designjet 3D series start shipping to wealthy European prototypers

Just three months after HP bought itself into the 3D printer market by making a partnership with established player Stratasys, the company’s first Designjet 3D models are now shipping in Europe, set to start churning out bits and bobs soon. HP is offering two models, the plain Designjet 3D and the Designjet Color 3D which, wait for it, prints in color. We don’t know what the multi-hue model will set you back, but the base model clocks in at €13,000 — about $17,500. That’s roughly $2,500 more than a low-end, non-HP Stratasys additive fabrication printer will cost you, and we’re not sure what else you’re getting for that premium beyond the little chrome HP badge stuck on the top. Expensive? Sure, but we remember a time when color laser printers cost more than cars and now look at ’em, selling for less than $200 shipped. Funny how their toner cartridges aren’t any cheaper…

Continue reading HP’s Designjet 3D series start shipping to wealthy European prototypers

HP’s Designjet 3D series start shipping to wealthy European prototypers originally appeared on Engadget on Wed, 21 Apr 2010 10:39:00 EST. Please see our terms for use of feeds.

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HP Slate to cost $549, have 1.6GHz Atom Z530, 5 hour battery?

Well, well — what’s this? We just got our hands on what looks like an internal HP Slate presentation given to cool down some of the iPad hype amongst HP employees, and it just happens to have specs and pricing details on the elusive Windows 7 tablet. As we’d heard, the Slate will run $549 in its base configuration, which has a 8.9-inch 1024 x 600 capacitive multitouch display, a 1.6GHz Atom Z530 processor with UMA graphics and an accelerator for 1080p video playback (we’re assuming it’s a Broadcom Crystal HD chip), 32GB of flash storage and 1GB of non-upgradeable RAM. There’s also a $599 version with 64GB of storage, and both models will have a five-hour battery, an SDHC slot, two camera, a USB port, a SIM card slot for the optional 3G modem, and a dock connector for power, audio, and HDMI out. Of course, what this spec list doesn’t cover is software, and we still haven’t seen much of how HP plans to make Windows 7 on a full slate device with netbook-class internals perform as smoothly or as intuitively as its demo videos. That’s not a small challenge, especially since the iPad is out now and setting some pretty high expectations for how this new breed of tablets should work. We’ve got our fingers crossed — show us something good, HP.

HP Slate to cost $549, have 1.6GHz Atom Z530, 5 hour battery? originally appeared on Engadget on Mon, 05 Apr 2010 17:59:00 EST. Please see our terms for use of feeds.

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