Hewlett-Packard Co. debt is the riskiest in a decade relative to Dell Inc. as Chief Executive Officer Meg Whitman struggles to transform the world’s largest computer maker in an age of tablets and smartphones.
Hitachi Ltd. , Japan’s second-largest manufacturer by revenue, climbed to a two-year high in Tokyo trading after agreeing to sell its hard-disk drive unit to Western Digital Corp. for about $4.3 billion.
Hewlett-Packard Co. and Dell Inc. may have good reason to bid high for 3Par Inc.: The runners-up are too expensive or lack the products a new owner would need to compete with the top data-storage providers, analysts said.
Hewlett-Packard Co. ’s Mark Hurd resigned as chief executive officer after an investigation found he had a personal relationship with a contractor who received numerous inappropriate payments from the company.
Hewlett-Packard Co. , the world’s biggest personal-computer maker, is near an agreement to buy security-software maker ArcSight Inc. for about $1.5 billion in cash, according to a person with knowledge of the matter.