Company “HP” intends to split itself into two companies under restructuring itself




She said the company “HP” on Monday it plans to split itself into two companies, including two in an effort to focus on the market “corporate services” widening growth.

This is a huge step to reshape one of the most important technology companies, which still has more than 300,000 employees and is on track to achieve $ 112 billion in revenues for the current fiscal year.

The company, founded by Bill Hewlett and Dave Packard in a garage in Palo Alto, California in 1939, it will be divided into two Madrjtin, to separate the business personal computing and printing their own devices for work and services companies, “the fastest-growing.”

She explained, “HP” that shareholders will be able to have a stake in each of the two companies through a tax-free transaction will take place next year.

Shares in the company, which is struggling to adapt to the new era of portable computing and cloud, to 6.3 percent to $ 37.40 in premarket trading on Monday. This will contribute to both companies and about half of revenues and profits, “HP” current.

These include the step that leads debt and Isler printing business and personal computing in the new company to be known as “HP”, which is itself responsible for the current work of this Section.

The current chief executive’s “HP”, Meg Whitman, the company Vstcod “HP Enterprise” HP Enterprise new, which will include business equipment and services companies, as Whitman would be head of the company “HP”.

The “HP” the last in a series of companies that announced, often under pressure from shareholders, from the division of its business in an attempt to become more flexible and take advantage of the fastest growing companies.

The online auction site “eBay” eBay announced last week that it plans to separate the service of electronic transactions belong to him, “Bye Bye” PayPal to operate independently as a public company, and in the second half of next year 2015.

It also said the electronics company known “Phillips” Philips on September 23 / ​​September last it plans to split itself into two companies, the first to focus on health care and technology, while the other focuses on lighting products.



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