HP on Monday announced plans to separate its major business lines into two separate companies. One, HP Inc., will offer PCs and printers; the other, Hewlett-Packard Enterprise, will focus on IT infrastructure, software and services. HP CEO Meg Whitman will be the president and CEO of HP Enterprise, which will be chaired by Patricia Russo. Don Weisler, EVP of HP’s printing & personal systems division, will be the president and CEO of HP Inc., and Whitman will be the non-executive chairman of its board.
This leaves me perplexed more then the Dell privatization. Other then a excuse to jettison employee's to save money. I don't see any advantage product wise by splitting the two. I agree with the analysts who say HP is grasping at straws and have been for some time. Yes, they do need to shrink as in product line in PC's and printers and also focus on Enterprise. But why this could not be done as one unit is a big question.
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HP Does the Splits
Posted by: Richard Adhikari October 6, 2014 12:26 PMHP on Monday announced plans to separate its major business lines into two separate companies. One, HP Inc., will offer PCs and printers; the other, Hewlett-Packard Enterprise, will focus on IT infrastructure, software and services. HP CEO Meg Whitman will be the president and CEO of HP Enterprise, which will be chaired by Patricia Russo. Don Weisler, EVP of HP’s printing & personal systems division, will be the president and CEO of HP Inc., and Whitman will be the non-executive chairman of its board.