Hewlett-Packard is splitting into two companies, using a breakup to become nimbler after failing to keep up with the shift away from the printing and personal computing businesses it pioneered.

Competition watchdogs ordered Luxembourg to hand over details of tax breaks for businesses after they said the Grand Duchy was hindering a state-aid probe spanning several EU nations.

Dublin-based IT company Qualcom is to invest nearly €2m in an initial expansion of its services outside of the Republic over the next 12 months.

Insight Venture Partners topped a $25.50-a-share bid that Quest Software received from an unidentified suitor, intensifying a takeover battle for the software maker, according to a person familiar with matter.

HEWLETT-PACKARD, the world’s largest computer maker, forecast fiscal fourth-quarter and full-year earnings that missed analysts’ estimates because of lacklustre consumer spending.