Hewlett-Packard Company, a leader in networking technologies, has announced it has surpassed Cabletron to become the fourth-largest worldwide vendor of Ethernet Layer 2 10/100 switch ports. According to a report issued by Dell`Oro Group, a Portola Valley, Calif.-based research firm, HP ProCurve Networking has secured the No. 4 position in port shipments in the third calendar quarter of 1999.
According to the report, HP continued to significantly outpace the market growth in Ethernet Layer 2 10/100 switches. HP grew at 383 percent vs. average market growth of 126 percent from third calendar quarter 1998 to third calendar quarter 1999.
IDC also posted Q3 market share results this week. In Europe, HP grew at 471% vs. average market growth of 181% for the same period of time. France and Finland even reached No.3 position over Nortel with 13% market share. Most other European countries also improved their market share positions. This growth was fueled by the continued success of HP ProCurve Switch 4000M, 8000M, 2424M, 1600M and 2224.
Because the Ethernet Layer 2 10/100 switch market is the largest revenue segment of the Ethernet LAN market, HP`s growth in this market is critical. Overall, Dell`Oro Group estimates that this segment will total $6.7 billion in 1999.
"HP has continued to surpass the market growth by providing customers with high-performance products at industry-leading prices," said Andrew Fletcher, HP Networking product manager. "Based on our recent performance, HP ProCurve Networking expects to grow at double the market average by maintaining our value proposition."
HP ProCurve Networking is a leading supplier of networking products, including Ethernet hubs and switches, routing switches and network-management applications, that allow customers to build proactive networks.
Information on HP ProCurve Networking can be found on the World Wide Web at http://www.hp.com/go/procurve http://www.hp.com/go/procurve.
Hewlett-Packard Company - a leading global provider of computing and imaging solutions and services for business and home - is focused on capitalizing on the opportunities of the Internet and the proliferation of electronic services.
HP plans to launch Agilent Technologies as an independent company by mid-calendar 2000. Agilent consists of HP`s test and measurement, semiconductor products, chemical analysis and healthcare solutions businesses, and has leading positions in multiple market segments.
HP has 83,200 employees worldwide and had total revenue from continuing operations of $42.4 billion in its 1999 fiscal year. Information about HP, its products and the company`s Year 2000 program can be found on the World Wide Web at http://www.hp.com http://www.hp.com.
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