Hewlett-Packard's history of failed acquisitions
Excerpt:
Hewlett-Packard Co. is in talks to acquire Aruba Networks Inc., a maker of wireless-network infrastructure used by hotels, universities and shopping malls, people with knowledge of the matter said. The purchase may be announced as soon as next week, said one of the people, asking not to be identified discussing private information. The deal hasn’t been completed and the talks could still fall through.Comment: See HP - "value destruction through acquisition" AND The financial firms behind the Autonomy deal AND Blue Chip or Cow Chip. Comments Boeing is mentioned in the Cow Chip article. BA has been a great stock for us. I actually bought HPQ , held it to LONG TERM and sold it at a profit. I regard HP as "Cow Chip". Also consider the WebOS debacle.
Had to be curious and look up the leadership of HP--quite the mess with and since Fiorina, for whom I've got some respect at least personally. For the sake of their employees and investors, hopefully they're catching up on auditing. That seems to be the gap.
ReplyDeleteAnother: HP to buy Wi-Fi gear maker Aruba Networks for $2.7 billion
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