HP spends $1.5M on 2Q lobbying

September 1, 2011
By admin

Hewlett-Packard Co. spent $1.5 million lobbying federal officials in the second quarter, slightly less than the $1.6 million the technology company spent a year earlier, but more than the $1.45 million it spent the previous quarter.

According to recent disclosure forms, the Palo Alto, Calif.-based company lobbied Congress and government agencies on issues such as immigration, energy efficiency requirements for technology products, and funding for information technology systems at agencies such as the Department of Justice.

The spending, outlined in forms filed July 20 with the U.S. House of Representatives and the Senate, comes amid a dramatic overhaul at HP, one of Silicon Valley’s oldest and most storied companies and one of the biggest spenders on lobbying. The company’s new CEO, Leo Apotheker, announced plans in August to kill off HP’s fledgling tablet and smartphone businesses and investigate spinning off or selling the PC business.

Kristy Sternhell, formerly counsel to Senate Majority Leader Harry Reid, was among the people who lobbied on behalf of HP.

Article source: http://www.businessweek.com/ap/financialnews/D9PFRSVG0.htm

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *

*