
HP to Extend Converged Infrastructure Leadership with New Converged Systems GroupNew business group to accelerate the next generation of computing
PALO ALTO, Calif. -- HP today announced a new organization, HP Converged Systems, focused on accelerating the next generation of Converged Infrastructure. This new unit brings together dedicated resources to deliver purpose-built technology for social, cloud, mobile and big data solutions.
The HP Converged Systems business unit will extend the portfolio of converged application appliances that fuse infrastructure, applications and productivity tools into a single system. This includes appliance systems for Apache Hadoop , HP Vertica, SAP HANA and HP CloudSystem.
The new business will be led by Tom Joyce, senior vice president and general manager, Converged Systems, HP. Joyce was formerly vice president, Marketing, Strategy and Operations, Storage, HP.
HP continues to be at the forefront of the data center evolution, accelerating the pace of innovation for our customers, said Dave Donatelli, executive vice president and general manager, HP Enterprise Group. HP was the first to announce Converged Infrastructure, which each major technology company has since followed. Today's organizational updates are the next logical step as we accelerate the delivery of game-changing converged systems technology.
HP also announced that it will align its two server businesses under a single leader to increase the speed of transformation of the server industry and drive profitable growth. This business will be led by Mark Potter, senior vice president and general manager, HP Servers. Potter currently leads HP Industry Standard Servers (ISS).
The combination of the HP Business Critical Systems (BCS) and HP ISS groups will create a $14 billion organization, based on FY2012 stated revenues, called HP Servers.
The combined business will include HP Moonshot; the world's No. 1 server brand, HP ProLiant servers; the world's No. 1 bladed infrastructure, HP BladeSystem;(1) and mission-critical computing with HP Integrity platform. This organization will extend HP's server leadership across enterprises, small and medium businesses, and government agencies.
(1) According to HP and industry analyst firms tracking worldwide server shipments and revenue through Q412.
For those countries that require consultation with works councils or other employee representatives, this is not intended to provide country-specific information and in no way reflects that final decisions have been made at a local level. With respect to such countries, final decisions are subject to prior consultation with works councils and other employee representatives, and compliance with local law.
This news advisory contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.
2013 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
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