HP revealed plans for major strategic changes Thursday that would orient the company more directly toward the enterprise market. It’s considering a spinoff or sale of its PC division, shuttering development of hardware for webOS devices and cutting its future outlook. The tech company also revealed it’s in talks to acquire analytics software company Autonomy, which reports estimate could have a price tag of $10 billion. The company’s outlook took a hit; HP reduced that to $127.2 billion to $127.6 billion.
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HP Strips Some Gears With Strategic Shift
Posted by: Rachelle Dragani August 19, 2011 10:39 AMHP revealed plans for major strategic changes Thursday that would orient the company more directly toward the enterprise market. It’s considering a spinoff or sale of its PC division, shuttering development of hardware for webOS devices and cutting its future outlook. The tech company also revealed it’s in talks to acquire analytics software company Autonomy, which reports estimate could have a price tag of $10 billion. The company’s outlook took a hit; HP reduced that to $127.2 billion to $127.6 billion.