This settlement resolves allegations under the False Claims Act that HP knowingly paid kickbacks, or 'influencer fees', to systems integrator companies in return for recommendations that federal agencies purchase HP's products.
HP's 60.5 per cent stake is valued at $1 billion.
The US markets regulator is investigating Mark Hurd's departure from Hewlett-Packard Co as part of a broad inquiry that will also look into claims that the former chief executive leaked inside information on a multi-billion dollar deal, says a media report.
Hewlett-Packard Co sued its former chief executive Mark Hurd to block him from joining rival Oracle Corp as a senior executive, alleging the hiring breaches his exit agreement and will lead to a transfer of technology giant's trade secrets to a competitor.
Software services firm Digital GlobalSoft Ltd expects to increase the number of workers at its fledgling call centre by about 70 per cent this year to handle increased outsourcing from global companies, a top official said.
The acquisition will allow Lenovo to diversify revenue away from the shrinking PC business.
Michael Dell clinched shareholder approval on Thursday for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors and removing the uncertainty surrounding the world's No. 3 PC maker.
Dell, which once led the world in computer sales and was held up as a model of production-chain innovation, is increasingly resorting to price cuts to soothe customers nervous about its future and to spearhead a late foray into the enterprise computing market.
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