HP CEO on the prowl for acquisitions up to $1.5 billion

By Sinead Carew SAN FRANCISCO (Reuters) - Hewlett-Packard Co is back in the market for acquisitions of up to $1.5 billion, Chief Executive Meg Whitman said in a televised interview on Thursday, aiming for smaller deals after a flurry of outsized purchases in past years. Whitman, speaking a day after she switched out the chief of the company's Enterprise group and said HP's second-largest unit had fallen down on sales and product execution, told business channel CNBC the company could also do deals in the $100 million to $300 million range. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/hp-could-acquisitions-1-5-billion-ceo-133621026.html