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Hewlett-Packard Company (NYSE:HPQ) And NEC’s Strategic Global Alliance Expands To Include Mission-Critical And Blade Servers In Their Ambit

Posted On 24 Jul 2013
By : Neha Gupta
Comment: 0
Tag: Hewlett-Packard Company (NYSE:HPQ), NYSE:HPQ

Denver, CO, 07/24/2013 (Avauncer.com) – The earlier day Hewlett-Packard Company (NYSE:HPQ) and NEC has announced that their strategic global alliance will expand to include mission-critical and blade servers in their ambit. This joint engineering collaboration will help in increasing the technology innovation, solution choice and investment protection for enterprise clients.

These two companies have been in alliance since 1995, focused on NEC’s role as a provider of large-scale, mission-critical enterprise IT systems built on HP’s Unix-based operating system, HP-UX. Having a strong built collaboration, these companies are extending their alliance to include next-generation, mission-critical x86 systems which will satisfy the increased demands for maximum uptime driven by mobile, social cloud and big data computing which is the industry’s trend.

HP and NEC are also planning to increase worldwide delivery of their joint solutions helping the clients with greater flexibility, a wide range of choice of their solutions to match their specific needs and requirements and continued investment protection for mission-critical environments being consistent with HP Project Odyssey.

Mark Potter, senior vice president and general manager, Servers, HP stated that the performance and reliability are the two vital points to mission-critical computing clients and the business-critical workloads which are intended to deploy in the next decade.  He also added saying that the alignment of their expertise will drive enterprise server technology forward, thereby enabling their clients to protect and grow their current and future investments.

Shinichi Shoji, Executive Vice President of NEC Corporation said that with increasing computing demands, the need to access to the latest server technology has also increased with an ease of deployment in a short time.

The stock of HPQ is trading in its bullish zone and has closed at $25.73 in its previous trading session where approximately 11.21 million stocks exchanged hand. The company has a market capitalization of $49.62 billion with 1.93 billion outstanding shares.

About the Author
Neha Gupta has completed her CFA Level 2 and has also her PGDBA, and has good analytical abilities. Getting into the intricacies of the stock information, delving into the company’s financial statements is my passion and have a great deal of understanding of Economy their impact on the Market and individual stocks.
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