HP Advances Software Strategy with Plans for New Bay Area Facility for the connected world.

WorldWideTech & SCience. Francisco De Jesús.

HP Advances Software Strategy with Plans for New Bay Area Facility

PALO ALTO, Calif., April 6, 2011

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Building on its plans to accelerate its software strategy, HP today announced that it has signed a leasing agreement for Moffett Towers in Sunnyvale, Calif., to create a state-of-the-art software innovation center.

Software is a critical element at the heart of HP’s growth strategy, outlined by HP President and Chief Executive Léo Apotheker on March 14.

The new facility will bring together some of HP’s multiple offices across the Bay Area, including those at recently acquired Fortify and ArcSight, to create a single community focused on enhancing HP’s leading IT management, automation and security software portfolios. 

HP’s offerings developed in this location will provide important information management capabilities that can be adapted for specific vertical industries.

“Software is the cornerstone of HP’s vision to provide seamless, secure, context-aware experiences for the connected world,” said Bill Veghte, executive vice president, Software, HP Enterprise Business. “Our plans to bring together all of our software assets at Moffett Towers is a testament to our goal of being the leader in software that manages, analyzes and secures all the data moving through the cloud – and our devices.”

HP will begin occupation of Moffett Towers in early 2012. Moffett Towers is the premier 1.8 million square foot office and research and development campus located at the junction of Highways 237 and 101 in Sunnyvale. Developed by San Francisco based Jay Paul Company, the LEED Gold certified, high-performance buildings offer an amenity-rich environment in the heart of Silicon Valley.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP (NYSE: HPQ) is available at http://www.hp.com.