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H-P Launches Internet Business Unit

Seeking to bundle its Internet businesses, Hewlett-Packard Co. Tuesday unveiled a new Internet business unit which will develop Web software, solutions, appliances and e-services.

Headquarters in Cupertino, Calif., the new unit integrates Internet-related activities throughout HP, including secure payment solutions subsidiary VeriFone. In addition, it will also initiate the e-services strategy throughout HP for Internet supply-chain and customer-relationship-management solutions.

The Internet business unit is segmented into five divisions:

  • E-Services Division -- Provides the software infrastructure to e-business solutions and e-services, including the software environment of servers to clients to appliances.

  • Internet Security Division -- Provides software products for end-to-end security of e-business solutions.

  • VeriFone Division -- Develops Internet software and appliances for secure financial transactions.

  • E-Commerce Division -- Develops software products to enhance e-commerce and customer-relationship-management solutions.

  • E-Business Solutions Division -- Develops e-business solutions that are replicated within vertical industries or horizontal segments. Examples include e-banking, manufacturing business-to-business e-commerce vertical solutions, and horizontal solutions in security and management.

"The pulling together of HP's previously dispersed Internet efforts into an integrated Internet Business Unit, coupled with the launch of the new e-services strategy, will significantly enhance HP's Internet position," said Joe Beyers, general manager of IBU.

"Our charter is to establish HP as a leading innovator in the new e-services world while immediately enhancing our current capabilities in e-business/e-commerce," Beyers said.