Follow ITProPortal:

RSS Tweet Digg

HP pays $55 million to call off kickback probe

HP pays $55 million to call off kickback probe

News Business

HP is to pay $55m to end an investigation into allegations that the company paid kickbacks to win lucrative US government contracts. A spokeswoman for the company made clear that the payment does not constitute an admission of guilt on HP's part, but said: "We believe it is in the best interest of our stakeholders to resolve the matter and move beyond the issue." HP was one of several IT companies to be named by the US government in lawsuits launched three years ago...



Articles related to «HP pays $55 million to call off kickback probe»

Oracle To Buy ARM-backed Calxeda After Itanium Snub?

Oracle To Buy ARM-backed Calxeda After Itanium Snub?

News Hardware

Back in September last year, Oracle's CEO, the flamboyant and controversial Larry Ellison, said that the company may be looking to buy a chipmaker and that mere suggestion sent the shares of ARM and AMD sky high. Technically...


IBM Bets On AMD With New BladeCenter Server range

IBM Bets On AMD With New BladeCenter Server range

News Hardware

IBM has rolled out a new four socket BladeCenter server that comes equiped with AMD's Opteron 6100 processor, codenamed Magny-Cours and launched back in March. Big Blue now joins ranks with Dell, Acer and Hewlett-Packard in...


HP To Launch Cloud Services To Compete With IBM, Dell

HP To Launch Cloud Services To Compete With IBM, Dell

News Network

IT Services Powerhouse Hewlett-Packard has announced that the company plans to further expand its information technology services by offering a new set of ‘Cloud Design Services’. Industry experts believe that the...


More Than 200 Sun Customers ‘Migrate’ To IBM

More Than 200 Sun Customers ‘Migrate’ To IBM

News Network

Big Blue has announced that in 2009, the company, with the help of its Migration Factory software, has successfully lured 200 former Sun Microsystems and Hewlett-Packard customers, who have shifted their critical workloads to...


EU Concerns Over Oracle-Sun Microsystems Acquisition Misguided Says SFL

EU Concerns Over Oracle-Sun Microsystems Acquisition Misguided Says SFL

News Security

Software Freedom Law center, a non-profit software group, has sent a letter to the European Union regulators who are investigating Oracle’s proposal for acquiring Sun Microsystems; it says that the EU’s concerns about...


Cisco Discloses More Details About Its Unified Computing Strategy

Cisco Discloses More Details About Its Unified Computing Strategy

News Network

Within a month after joining the blade server domain with its new Unified Computing System (UCS), the networking giant Cisco Systems on Thursday divulged additional details on its UCS offering for data centres, including pricing...


Proposed Acquisition Of Sun Microsystems By IBM Abandoned For Now

Proposed Acquisition Of Sun Microsystems By IBM Abandoned For Now

News Open Source

IBM’s proposal to acquire the rival software maker Sun Microsystems for $7 billion has nearly collapsed after the two companies failed to reach any agreement on price, according to the reports.   The acquisition talks...


IBM Buys Transitive, Puts Processor Virtualisation In The Limelight

IBM Buys Transitive, Puts Processor Virtualisation In The Limelight

News Network

In a bid to snare significant share in virtualisation market, IBM announced it snapped up Transitive Corp., a Los Gatos, California-based company, which specialises in cross-platform virtualisation technology. IBM said that the...


Green issues overlooked in IT procurement, says Forrester

Green issues overlooked in IT procurement, says Forrester

News Security

Most large companies ignore environmental issues when buying IT solutions, according to research. While 85% of IT buyers say that green factors are important in planning IT operations, only 25% have written green criteria into...


SWsoft Joins SPEC to Assist with Virtualization Benchmarking

SWsoft Joins SPEC to Assist with Virtualization Benchmarking

News Network

SWsoft has joined the Standard Performance Evaluation Corp. (SPEC) as part of its new working group to develop standard methods of comparing virtualization performance for data center servers. SPEC is a non-profit organization...


Fourth Samsung exec pleads guilty to price fixing

Fourth Samsung exec pleads guilty to price fixing

News Security

A Samsung executive at the centre of a memory chip price fixing scandal has pleaded guilty and agreed to serve eight months in jail. Thomas Quinn agreed the penalty as part of a plea bargain with prosecutors.Samsung Electronics...

Follow ITProPortal:

RSS Tweet Digg

Owned &
operated by: