An heir to the Hewlett family has sent a letter to Hewlett Packard (HP) shareholders in an attempt to generate support for the opposition to the company's merger with Compaq.
Walter, son of co-founder William, believes the deal will bloat the company's commodity business, such as personal computers, and dilute its printing franchise, which he sees as valuable.
Ian Kilpatrick, group managing director of HP distributor Wick Hill, agreed that the merger would take HP more into the personal computing space at the expense of its innovative side.
"HP got where it is through building on its staff and working together with the sharing of minds rather than working out a strategic acquisition to cut costs," he said.
Kilpatrick added that HP has had 25 years' loyalty from customers, but he fails to see what is in the merger for its mid-market customers.
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