UTRECHT, 9 februari 2007 – HP today announced it has completed its acquisition of Bitfone Corp., a mobile device management software company headquartered in Laguna Niguel, Calif.
The acquisition is part of HP’s strategy to grow its mobile enterprise business. It will strengthen HP’s ability to accelerate customers’ management of their mobility infrastructure in a reliable, secure and cost-effective way.
“HP is excited that Bitfone’s innovative mobile device management solutions and experience are joining our handheld unit,” said Dave Rothschild, vice president, Handheld Business Unit, Personal Systems Group, HP. “With its world-class software platform, Bitfone will help HP deliver a more compelling mobile experience to our customers as device management is key to driving widespread mobile IT deployments.”
Mobile devices are increasingly becoming part of the core IT infrastructure and there is a growing requirement that they need to fit into existing management systems and frameworks. This acquisition provides HP the software tools to help business customers reduce device support costs and smooth device deployments, migration and replacement.
Effective immediately, the Bitfone team will be integrated into HP’s Handheld Business Unit.
About HP
HP focuses on simplifying technology experiences for all of its customers – from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing and IT infrastructure, HP is among the world’s largest IT companies, with revenue totaling $91.7 billion for the four fiscal quarters ended Oct. 31, 2006. More information about HP (NYSE: HPQ) is available at
www.hp.com.
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This news release 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 the expected benefits and costs of the transaction; management plans relating to the transaction and integration of the organizations; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected; risks related to the integration; and other risks that are described from time to time in HP’s Securities and Exchange Commission reports, including but not limited to the risks described in HP’s Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2006. HP assumes no obligation and does not intend to update these forward-looking statements.
Contactpersonen voor de redactie:
HP, Kees Verton, Manager Categories en Group Marketing PSG, 030-2225303,
kees.verton@hp.comH&K/MCS, Inge Heringa, 020-4044707,
iheringa@hillandknowlton.com