H-P Acquires Consulting Firm
Stock quotes in this article:
HPQ
SAN FRANCISCO -- Hewlett-Packard(HPQ Quote) announced Monday the acquisition of a consulting firm that specializes in designing and operating large data centers.
The acquisition of EYP Mission Critical Services, the price of which was not disclosed, furthers its efforts to play a leading role in data centers, the computer-crammed facilities that power key business operations of many corporations. H-P CEO Mark Hurd has flagged corporate data centers as one of the three key markets that will drive H-P's growth going forward. In July H-P shelled out $1.6 billion to acquire Opsware, which makes software for automating data-center tasks such as setting-up servers and networks. EYP, based in New York, has roughly 350 employees in 13 offices in the U.S. and the U.K. The company has designed hundreds of technology facilities -- from trading floors to supercomputing sites -- where energy efficiency and the ability to monitor computer performance are key requirements. "Acquiring EYP Mission Critical Facilities boosts H-P's ability to help customers transform their data centers and build dynamic computing environments from the ground up," said H-P's services group manager John McCain in a statement. The deal is subject to certain closing conditions and is expected to close within H-P's fiscal first quarter. In early trading, HP shares were up 17 cents or 0.35% to $48.56.- Loading Comments...
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