Hewlett-Packard Co unveiled a range of new computer-security software yesterday, part of an effort to tap about US$14 billion in acquisitions during the past year to help customers manage their data centers.
ArcSight Express 3.0, a package of computer hardware and software, combs through logs of network activity and users’ actions to look for cyber attacks, Hewlett-Packard said in a statement.
It also introduced a new Fortify Software Security Center product, which can test applications for vulnerabilities to attack, and Tipping Point Web Application Digital Vaccine software that identifies malicious network traffic.
Hewlett-Packard chief executive Leo Apotheker is under pressure to make acquisitions pay off and expand the company’s foothold in data-center equipment and software. Hewlett-Packard has cut sales forecasts three times and reversed course on a plan to produce smartphones and tablets with its WebOS software, rankling investors. The company also said on Aug. 18 it would explore a spinoff of its US$41 billion personal systems group.
GETTING OFF PC PIPE
Hewlett-Packard, the world’s largest personal-computer maker, has made a run of acquisitions to lessen its dependence on PCs. In September last year, it completed a US$2.1 billion acquisition of data-storage company 3Par Inc.
It also acquired security companies ArcSight Inc and Fortify Software Inc in the past year. On Aug. 18, the company announced plans to pay US$10.3 billion for search software company Autonomy Corp. Hewlett-Packard expects that deal to close by the end of this year.
Jan Zadak, executive vice president of global sales, said there’s “substantial overlap” between customers who buy Palo Alto, California-based Hewlett-Packard’s software and data-center hardware and PCs. That means the company could use its computer dominance to sell the newer software products.
QUESTIONABLE PLAN
Hewlett-Packard’s plan to spin off its PC business has raised concerns about the company’s long-range strategy. The stock has fallen 28 percent since Aug. 17, the day before the news of the shakeup. The shares dropped US$1.22, or 5.1 percent, to US$22.65 on Friday in New York Stock Exchange trading.
Zadak, speaking from Switzerland, said he’s been traveling the world the past three weeks trying to explain the company’s decisions to businesses that buy its products.
“We are of course spending a lot of time with customers,” he said in an interview.
A proposed 100 percent tariff on chip imports announced by US President Donald Trump could shift more of Taiwan’s semiconductor production overseas, a Taiwan Institute of Economic Research (TIER) researcher said yesterday. Trump’s tariff policy will accelerate the global semiconductor industry’s pace to establish roots in the US, leading to higher supply chain costs and ultimately raising prices of consumer electronics and creating uncertainty for future market demand, Arisa Liu (劉佩真) at the institute’s Taiwan Industry Economics Database said in a telephone interview. Trump’s move signals his intention to "restore the glory of the US semiconductor industry," Liu noted, saying that
On Ireland’s blustery western seaboard, researchers are gleefully flying giant kites — not for fun, but in the hope of generating renewable electricity and sparking a “revolution” in wind energy. “We use a kite to capture the wind and a generator at the bottom of it that captures the power,” said Padraic Doherty of Kitepower, the Dutch firm behind the venture. At its test site in operation since September 2023 near the small town of Bangor Erris, the team transports the vast 60-square-meter kite from a hangar across the lunar-like bogland to a generator. The kite is then attached by a
Foxconn Technology Co (鴻準精密), a metal casing supplier owned by Hon Hai Precision Industry Co (鴻海精密), yesterday announced plans to invest US$1 billion in the US over the next decade as part of its business transformation strategy. The Apple Inc supplier said in a statement that its board approved the investment on Thursday, as part of a transformation strategy focused on precision mold development, smart manufacturing, robotics and advanced automation. The strategy would have a strong emphasis on artificial intelligence (AI), the company added. The company said it aims to build a flexible, intelligent production ecosystem to boost competitiveness and sustainability. Foxconn
Leading Taiwanese bicycle brands Giant Manufacturing Co (巨大機械) and Merida Industry Co (美利達工業) on Sunday said that they have adopted measures to mitigate the impact of the tariff policies of US President Donald Trump’s administration. The US announced at the beginning of this month that it would impose a 20 percent tariff on imported goods made in Taiwan, effective on Thursday last week. The tariff would be added to other pre-existing most-favored-nation duties and industry-specific trade remedy levy, which would bring the overall tariff on Taiwan-made bicycles to between 25.5 percent and 31 percent. However, Giant did not seem too perturbed by the