Hewlett Packard Co is buying privately held storage software maker IBRIX as it looks to catch up with IBM and EMC Corp in the $20 billion market for corporate data storage equipment. HP did not disclose terms of the transaction, which was announced on Friday.
The move gives HP control of a technology that companies use to quickly access large quantities of data for important business applications. IBRIX has about 175 customers, including Steven Spielberg's DreamWorks Studios, Caterpillar Inc and JPMorgan Chase & Co.
The small acquisition -- IBRIX has 53 employees -- comes as merger activity heats up in the storage industry, which analysts expect to grow faster than the rest of the tech industry.
EMC won a bidding war against NetApp Inc for specialty storage equipment maker Data Domain Inc this month. Broadcom Corp offered to buy storage networking equipment maker Emulex Corp but was rejected.
IBRIX's biggest resellers include EMC and Dell Inc. An HP spokesman declined to say how HP would handle these relationships after the close of the acquisition.
HP is the third-largest provider of external disk storage equipment after market leader EMC and No. 2 player IBM. Dell is fourth.
HP hired former EMC executive David Donatelli in May to spearhead efforts to expand its storage business. That plan hit a snag after EMC persuaded judges in Massachusetts and California to temporarily bar him from managing HP's storage division, citing a non-compete clause in his contract.
Showing posts with label HP. Show all posts
Showing posts with label HP. Show all posts
HP Launches Multi-touch Consumer Tablet PC
HP has announced the industry's first convertible notebook PC with multi-touch technology designed specifically for consumers.
Building upon the touch innovation HP developed for its TouchSmart desktop PCs, the HP TouchSmart tx2 Notebook PC was developed for people on the go.
The enhanced HP MediaSmart digital entertainment software suite on the tx2 allows users to more naturally select, organize and manipulate digital files such as photos, music, video and web content by simply touching the screen.
"Breezing through websites and enjoying photos or video at the tap, whisk or flick of a finger is an entirely new way to enjoy digital content on a notebook PC," said Ted Clark, senior vice president and general manager, Notebook Global Business Unit, Personal Systems Group, HP. "With the introduction of the TouchSmart tx2, HP is providing users an easier, more natural way to interact with their PCs, and furthering touch innovation."
The tx2 recognizes simultaneous input from more than one finger using "capacitive multi-touch technology," which enables the use of gestures such as pinch, rotate, arc, flick, press and drag, and single and double tap.
The convertible design with a twist hinge allows consumers to enjoy the TouchSmart in three modes - PC, display and tablet. With a rechargeable digital ink pen, users can turn the tx2 into a tablet PC to write, sketch, draw, take notes or graph right onto the screen – and then automatically convert handwriting into typed text.
Starting at less than 4.5 pounds, the tx2 has a 12.1-inch diagonal BrightView LED display and an HP Imprint "Reaction" design.
In an effort to provide consumers with rich content through the Internet, HP has expanded its partnership with MTV Networks (MTVN) by offering video content from 10 television channels and online brands within MediaSmart's TV module.
Beginning in December, users can enjoy all the best content from Nickelodeon, MTV and Comedy Central. MTVN also plans to make content from Atom, CMT, GameTrailers, Logo, Spike, The N and VH1 available within MediaSmart's TV module.
Powered by the AMD Turion X2 Ultra Dual-Core Mobile Processor or AMD Turion X2 Dual-Core Mobile Processor and built on Windows Vista Home Premium, the tx2 will be made available worldwide in an array of configure-to-order options.
The HP tx Series Notebook Stand elevates the tx2, enhancing its usability while stationary, including making it possible to put the PC in an upright position for full interactivity with the touch screen.
The HP TouchSmart tx2 is available for ordering at www.hpdirect.com with a starting price of $1,149.
Building upon the touch innovation HP developed for its TouchSmart desktop PCs, the HP TouchSmart tx2 Notebook PC was developed for people on the go.
The enhanced HP MediaSmart digital entertainment software suite on the tx2 allows users to more naturally select, organize and manipulate digital files such as photos, music, video and web content by simply touching the screen.
"Breezing through websites and enjoying photos or video at the tap, whisk or flick of a finger is an entirely new way to enjoy digital content on a notebook PC," said Ted Clark, senior vice president and general manager, Notebook Global Business Unit, Personal Systems Group, HP. "With the introduction of the TouchSmart tx2, HP is providing users an easier, more natural way to interact with their PCs, and furthering touch innovation."
The tx2 recognizes simultaneous input from more than one finger using "capacitive multi-touch technology," which enables the use of gestures such as pinch, rotate, arc, flick, press and drag, and single and double tap.
The convertible design with a twist hinge allows consumers to enjoy the TouchSmart in three modes - PC, display and tablet. With a rechargeable digital ink pen, users can turn the tx2 into a tablet PC to write, sketch, draw, take notes or graph right onto the screen – and then automatically convert handwriting into typed text.
Starting at less than 4.5 pounds, the tx2 has a 12.1-inch diagonal BrightView LED display and an HP Imprint "Reaction" design.
In an effort to provide consumers with rich content through the Internet, HP has expanded its partnership with MTV Networks (MTVN) by offering video content from 10 television channels and online brands within MediaSmart's TV module.
Beginning in December, users can enjoy all the best content from Nickelodeon, MTV and Comedy Central. MTVN also plans to make content from Atom, CMT, GameTrailers, Logo, Spike, The N and VH1 available within MediaSmart's TV module.
Powered by the AMD Turion X2 Ultra Dual-Core Mobile Processor or AMD Turion X2 Dual-Core Mobile Processor and built on Windows Vista Home Premium, the tx2 will be made available worldwide in an array of configure-to-order options.
The HP tx Series Notebook Stand elevates the tx2, enhancing its usability while stationary, including making it possible to put the PC in an upright position for full interactivity with the touch screen.
The HP TouchSmart tx2 is available for ordering at www.hpdirect.com with a starting price of $1,149.
