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August 18: HP Kills Palm Pre, TouchPad, Wang Files for Bankruptcy

August 17, 2012 · 0 comments

in Day in Tech History, HP

Wang

Wang

2011 – CEO Leo Apatheker made an announcement HP will be focusing on Enterprise, and putting the PC division on sale. This sale did not include the WebOS software. He instantly discontinued the HP TouchPad tablet and Pre series of smart phone. By the evening, most stores would discount the TouchPad to $99. This brought a lot of controversy, as some people would go to buy a TouchPad at Best Buy and they were denied as HP told them to ship the units back. BTW – HP was incorporated back in 1947 on this day.

Wang Computers had been growing, but their financial outlook didn’t seem good. In 1992, they filed for Bankruptcy protection. They eventually got out of bankruptcy, but not before they changed the scope of the business. They changed to Wang Global, then in 1999 were bought out by “Gentronics”

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