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HP sued over decade old failed project

Posted on September 22, 2015 by - News

courtroom_1_lgThe maker of expensive printer ink HP is in hot water over a new lawsuit over a $49 million project a US state said is still not finished after 10 years.

The contract – filed by the state of Michigan –  dates back to 2005 and called for HP to replace a legacy mainframe based system built in the 1960s that is used by more than 130 Secretary of State offices.

The job was supposed to have finished by 2010, but HP could not manage it. This means that Michigan Department of Technology, Management and Budget and SOS staff dependent on the old technology for functions such as vehicle registration.
Michigan has paid HP a total of roughly $33 million.

In the suit filed in Kent County Circuit Court, the state seeks $11 million in damages along with attorney’s fees and the funds needed to rebid the contract.

Secretary of State Ruth Johnson said in a press release that she inherited a stalled project when she came into office in 2011 and, despite her aggressive approach to hold HP accountable and ensure HP delivered, it didn’t.

The state wants the source code for an online services portal HP delivered as part of the project.
HP said that it was unfortunate that Michigan chose to terminate the contract, but HP looks forward to a favourable resolution in court.

HP split set for November 1

Posted on June 3, 2015 by - News

Whitman's-SamplerThe maker of expensive printer ink, HP will be splitting itself in two on November 1.

HP queen bee, Meg Whitman said that everything will be good to go for the separation of HP and Hewlett-Packard Enterprise would be effective on November 1.

Whitman made the announcement during the company’s technology event, HP Discover 2015, in Las Vegas.

The world’s No. 2 personal computer maker wants to split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations.

Whitman believes that breaking HP into two companies, with about $57 billion in annual revenue each, will create two more nimble outfits which can respond to the constantly shifting technology marketplace.

Whitman will be left in charge of Hewlett-Packard Enterprise, which will include the $27 billion division that sells industrial-grade computing and networking gear and the $23 billion Enterprise Services business, which runs the tech and IT operations for other companies under contract.

Her slimmed-down company will walk away from the separation with the majority of the parent’s cash — about $13.3 billion — which will allow it to quickly pivot into deal-making mode. It’ll also allow both new companies to re-engage with Silicon Valley and the wider tech industry, she claims.