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give HP an early entry with its cooling technology and energy-efficient storage products.

EYP, based in New York, has 350 employees spread through 13 offices in the United States and the United Kingdom. Most of its operations, employees, and management team would be folded into HP. EYP is led by chairman Steven Einhorn and chief executive Peter Gross.

The need for more storage is growing as companies expand their businesses and strive to meet legal and regulatory requirements for handling electronic documents. Additional storage, however, also can increase energy consumption to run and cool more powerful servers.

EYP’s proprietary products and services include EnerOpt, a software-based process to assess and benchmark energy efficiency; a cooling design concept called Cool Design; and a direct current powered facility design called DC2.