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Teradyne Selects HP to Speed Development of New Products


Teradyne Selects HP to Speed Development of New Products

HP FlexNetwork Architecture Reduces Total Cost of Ownership for Manufacturer's Network by 35 Percent

PALO ALTO, CA -- (Marketwire) -- 03/05/13 -- HP (NYSE: HPQ) today announced that Teradyne, a developer and supplier of automatic test equipment, has selected HP FlexNetwork architecture to improve operational efficiency, reduce network downtime and boost design-phase efficiency for new products.

Teradyne designs and manufactures automatic test equipment for the world's leading electronics companies. It relies on complex, bandwidth-intensive applications to run its business. As the company grew, its legacy network strained under the expanding load of project design and simulation applications, creating a bottleneck in production.

"Rapidly delivering new products to market is critical to maintaining a competitive edge, which led us to seek a partner that would help us keep pace with the ever-changing technology market," said Frank Spiridigliozzi, director, Information Technology, Teradyne. "In just one weekend, HP redesigned our network environment to eliminate disruptions, while reducing our network total cost of ownership by 35 percent."

The redesign of its network to enable virtualization has allowed Teradyne to eliminate network silos by unifying its servers and storage infrastructure. As a result, Teradyne engineers could speed the time needed for simulations and quickly deliver projects with improved accuracy.

"Prior to implementing the HP FlexNetwork architecture, our IT staff had to shut down our network for maintenance, resulting in 14 hours of lost productivity annually," said John O'Brien, Technology and Tools Group, Teradyne. "Today, our IT staff can perform the necessary maintenance without impacting the productivity of our engineers, which translates into a $350,000 savings per year."

Teradyne worked closely with HP Elite partner CompuCom Systems Inc, a Dallas-based outsourcing specialist and provider of network integration services, to architect and conduct a "proof of concept" (POC) on the technology platform. After the successful completion of the POC, CompuCom provisioned and deployed the HP 10500 Switch Series for maximum bandwidth and throughput, as well as the HP 5500 Switch Series and the HP 5120 Switch Series for robust switching and excellent manageability of the network. Teradyne also chose the HP Intelligent Management Center to simplify network management from a single-pane-of-glass application, enabling multivendor management and smoothing migration.

HP switches feature built-in HP Intelligent Resilient Framework, an innovation that allows multiple switches to be virtualized and operate as a single switch, resulting in better performance, less operational downtime and significant cost savings.

To improve data center uptime, Teradyne also deployed eight HP Integrity BL860c i2 server blades, which enables the company to manage data-intensive workloads and achieve mission-critical levels of virtualization availability and flexibility.

To support its HP Networking solutions, Teradyne selected HP Care Pack Services from HP Technology Services to provide a single point of accountability for all of the technical expertise and resources needed to streamline end-to-end networking infrastructure and help realize the business value of its technology investments.

Additional information about HP Networking solutions is available at www.hp.com/go/networking.

HP's premier Americas client event, HP Discover, takes place June 11-13 in Las Vegas.

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 to solve customer problems. More information about HP is available at http://www.hp.com.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.

Copyright 2013 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

Editorial contact

Samantha Singh HP +1 408 447 1478 samantha.singh@hp.com

www.hp.com/go/newsroom

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