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HPS ACQUISITION
BlackRock pauses fundraising for latest Asia private credit fundBlackRock paused fundraising for its third Asia-Pacific private credit fund following its merger with HPS Investment Partners, adding uncer...- BlackRock to buy HPS Investment for $12 bn in major private credit pushBlackRock plans to acquire HPS Investment Partners for about $12 billion in an all-stock deal to expand its presence in the burgeoning priv...
- There’s a lot at stake for Wipro’s healthcare arm at US presidential pollsWith the current Donald Trump administration bringing in changes to Obamacare, HPS has incurred losses, dragging down Wipro’s healthcare bu...
- Xerox considers $27-billion takeover offer for HPXerox’s board met Tuesday to deliberate a deal that could result in $2 billion of annual cost savings.
- 3 years on, Abidali Neemuchwala has several hits, and misses tooAs Wipro lags behind its peers, CEO says company needs a few more quarters to see faster growth.
- Wipro has to think beyond enrolment to keep HPS healthy, feel analystsWipro, the Bengaluru-headquartered software services exporter, acquired Florida-based HPS in early 2016 for $460 million.
- Wipro not ready for double-digit growth yet: Abidali Neemuchwala“We have good pipeline of large deals. We have talked about our strategic partnership with Alight (Solutions) which is a significant deal. ...
- Blackstone, Apollo in race with Tech Mahindra to acquire MphasisBlackstone and Apollo are in the race to acquire Mphasis after HP revived plans to sell its controlling 60.4% stake in the subsidiary.
- HP expects growth in India storage businessThe acquisition bolstered HP’s portfolio and helped increase its focus on the mid-market, a segment where more storage companies are focusi...
- Decline in reliance on parent bodes well for MphasiSA re-rating of the stock looks limited unless the company continues to show a strong business momentum in the coming quarters, coupled with...
- West Bengal government to stress on hydel power generationThe West Bengal government will stress on development of hydel power generation capacity in the state during the 12th and 13th Plan period.
- HP CEO plans to overhaul company's $41-billion PC divisionCEO since November 1, Apotheker is breaking with Hurd’s legacy in other ways. Apotheker is reversing Hurd’s emphasis on cost-cutting in a b...
- Ellison says Oracle has $4 bn case against biz rival SAPOracle CEO Larry Ellison turned up the pressure in an industrial espionage trial on Monday by testifying that archenemy SAP should have pai...
- Mark Hurd joins Oracle as presidentSilicon Valley technology giant Oracle has hired Mark Hurd, the former chief executive of Hewlett-Packard who resigned amid a scandal, as p...
- MphasiS: HP linkage, cash pile point to better daysThe Bangalore-headquartered IT services and BPO company MphasiS reported a strong volume growth in the quarter ended July 2010.
- Dell to sweeten 3Par bid offerDell had agreed to pay about $1.15 billion. It couldn’t be determined how much Dell planned to boost its price.
- AIGSS buy, HP ties to keep MphasiS's tempo highMphasiS’ stellar performance was largely a result of its association with HP.
- HP's cool negotiations aim to divert budgets to ITET talks to Durgadutt Nedungadi, director, marketing and alliances, HP India on the impact on IT spending due to US slowdown and HPs’ strat...
- Those who fired me have no courage to face me: FiorinaFormer Hewlett-Packard CEO Carly Fiorina says she remains puzzled about why she was fired last year.
- HP buys Mercury for $4.5bn in cashHewlett-Packard is biting off its biggest acquisition in four years with a $4.5bn purchase of Mercury Interactive, a maker of business mana...
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