Hewlett-Packard Unveils Data-Analysis Tools, Seeks Growth

June 11, 2013 No Comments

Hewlett-Packard Co. (HPQ) (HPQ) unveiled software that knits together technology from its data-analysis acquisitions, seeking to boost sales to corporate customers to counter slumping demand for personal computers.
The product, called Haven, combines capabilities from the acquisitions of Autonomy Corp., Vertica Systems Inc., and ArcSight LLC to help customers mine vast amounts of information, the Palo Alto, California-based PC maker said in a statement today.

Meg Whitman is seeking to extract value from deals that were agreed upon before she became chief executive officer almost two years ago. Hewlett-Packard found accounting improprieties at Autonomy last year that led to writedowns and investigations. Whitman, who will give a keynote address at a conference for customers in Las Vegas today, is accelerating investment in research and development to return the company to growth after seven straight quarters of declining sales.

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