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HP Plans to Split into Two Companies.

posted by LaminatorX on Monday October 06 2014, @01:10PM   Printer-friendly
from the What-about-the-calculators? dept.

AnonTechie writes:

PC and printers in one company, enterprise products and services in the other.

The Wall Street Journal is reporting ( http://online.wsj.com/news/article_email/hewlett-packard-plans-to-break-in-two-1412530028-lMyQjAxMTE0OTAzNTEwNjUzWj?tesla=y ) that HP will break up into two separate companies. According to the report, the company appears ready to split into separate "Consumer" and "Enterprise" companies, with PCs and printers ending up in one company and corporate hardware and services operations going to the other. The Journal says HP plans to announce the move "as early as Monday."

http://arstechnica.com/gadgets/2014/10/report-hp-plans-to-split-into-two-companies/

 
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  • (Score: 0) by Anonymous Coward on Monday October 06 2014, @02:10PM

    by Anonymous Coward on Monday October 06 2014, @02:10PM (#102418)

    Big corporations are inefficient, but they want to get their IT needs met from other big corporations. They'll be in business five years from now, although possibly as a division of some other big corporation. If you're doing tens or hundreds of millions in sales, you can't put the CEO or CFO in a position to explain to the board that the OLTP database software they've been using in their consulting gigs for JP Morgan Chase, Proctor & Gamble, etc is in trouble after the chief architect quit for another startup.