Stories about: Compaq

Electronic Data Systems (EDS) will slash 75 staff from its local workforce as part of a global headcount reduction lead by parent company Hewlett-Packard (HP) which plans to axe 24,600 jobs over three years.

While most eyes are still on stopping the bleed on Wall Street, smart tech companies will likely take a page out of Warren Buffet's playbook by looking for merger and acquisition opportunities with stocks at multi-year lows.

Hewlett-Packard this week unveiled a new desktop PC family for power business users that it said offers added security and power-saving features.

Hewlett-Packard has merged its Voodoo PC business unit with its consumer business, the company said Wednesday.

On June 23, HP announced that it was releasing the source for the "Tru64 Advanced Filesystem" (or AdvFS) under version 2 of the GPL. This is, clearly, a large release of code from HP. What is a bit less clear is what the value of this release will be for Linux. In the end, that value is likely to be significant, but it will be probably realized in relatively indirect and difficult-to-measure ways.

Definition

Larry Keating, the president and CEO of Canadian-based No Panic Computing (NPC), is trying to revolutionize the way notebooks are purchased by small business professionals with his notebook-as-a-service model.

In one of its largest product releases, HP unveiled a bevy of PCs and displays, zeroing in on key trends such as touch-screen technology and compact laptops for business and consumer users.

Patrick Gelsinger is an electrical engineer. He joined Intel in 1979, worked on the design of the 80286 and 80386 microprocessors, and was the chief architect for the 80486 chip.

Thirty years ago, on June 8, 1978, Intel introduced its first 16-bit microprocessor, the 8086, with a splashy ad heralding "the dawn of a new era." Overblown? Sure, but also prophetic. While the 8086 was slow to take off, its underlying architecture -- later referred to as x86 -- would become one of technology's most impressive success stories.

HP Tuesday announced its plans to acquire EDS for US$13.9 billion in a deal that would double HP's services business and revive EDS' position as a leader in global technology services. The acquisition will catapult HP's annual revenue for services from less than $20 billion to nearly $40 billion and position HP as the second largest services provider in the world. Here is a look at what is happening and why now.