HP's Compaq Acquisition (D)
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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details: |
Price: |
Case Code |
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BSTA023 |
Electronic Format: Rs.
300; courier (within India):Rs. 25 Extra
Themes- |
Case Length |
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11 Pages |
Period |
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2000 - 2005 |
Organization |
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Hewlett
Packard, Compaq |
Pub Date |
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2005 |
Teaching Note |
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Not Available |
Countries
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USA |
Industry |
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Information
Technology |
Abstract:
This is the fourth of a four-case series. On 9 February 2005, the board of
Hewlett-Packard (HP) announces its decision to fire Chief Executive Officer
(CEO) Carly Fiorina after the controversial acquisition of Compaq failed to
produce the benefits expected. Robert Wayman, Chief Financial Officer of HP, is
appointed interim CEO and is also nominated to the company's board of directors.
The long battle with important shareholders like William Hewlett and David
Packard and their family foundations has consumed a significant portion of
Fiorina's time. Distracted by the acquisition, HP seems to have lost its way.
The printing business has been HP's mainstay even through some tough times.
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But many analysts and investors wonder if it can withstand
the increasing threat from Dell. As 2005 gets underway, analysts wonder what HP
has to do to overcome Fiorina's legacy and find a suitable leader to take the
company forward and re-invent itself.
Contents:
Keywords:
Hewlett-Packard (HP), Compaq, Carly Fiorina, Acquisition, Takeover, Integration problems, Family, Corporate strategy, Restructuring
HP's Compaq Acquisition (D)
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