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In the past, HP has struggled in competition with Dell’s low-cost computers and IBM’s broad offerings for businesses. This struggle to compete on low and high ends cost HP’s market share and profit in many areas (HP).
In 2002, HP acquired Compaq Computers for $25 billion making HP one of the largest information technology companies in the world. After the merger, HP shareholders will account for approximately 64 % of the company’s new stockholders. The merger introduced for new main divisions of HP: Access Devices, IT Infrastructure, Imaging and Printing and Services.
Soon after the cut jobs and the merger, HP had to look at their PC lineup, which was causing a lot of confusion among retail buyers and excessive product development costs...
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