HP: Geared with the ultimate Horse Power.

Even though the global recession has affected many US companies and got down to the hell in the recent years, doesn't make any impact on Hewlett Packard (HP) believe so!!! What makes me say this is because of its acquisition among the graded organisations and the revenues which is told by its quarterly results. I can say HP(Horse Power!!!) has geared top in the IT race. Obviously last year's great acquisition was Mphasis' parent EDS. The annual revenue of Rs. 4,283.3 crore, shows the erstwhile mid-tier IT company is fast moving into the top league of IT exporters. Mphasis' stellar performance was largely a result of its association with Hewlett Packard (HP). And because of this, 2009 has been the year of resurrection for Mphasis. And its not ended up with this alone but acquired 3COM technologies last month as well as the Indian software division of AIGSS in August'09. The full impact of AIGSS' acquisition would be visible in the next quarter. Apart from having bought the organizations, HP has also bagged a lot of projects for it's various childhood concerns. It will not stop with this and hope will get more and more in near future I guess and now it stands sixth in the IT pecking order. Its damn sure that any concern which comes under HP, will boom like anything including the stocks like Mphasis, provides a healthy competition among the software giants.