“HP is split into PC and corporate IT branch ‘- update

Oct

6

2014

HP is planning to get split up: the business that deals with computers and printers were to be separated from the IT and business services branch. Attempts to sell the two parts would be stranded.

HP would plan to split on Monday disclose as messages both Re / code as WSJ -based sources within the group. Currently doing business IT and services arm of HP’s much better than the PC and printer component, and after a split, both companies would be better able to focus on their market. In addition, the enormous might reorganization that HP is undergoing not having the desired effect on the results have.

In 2011 headed HP even on a split off under the leadership of former CEO Leo Apotheker, who the British software company Autonomy for IT services and took nearly 8 billion euros. That amount turned too high and Apotheker had to make way for the current CEO Meg Whitman, who expressed confidence in the PC arm and pointed to the high cost of a breakdown and the benefits of scale when negotiating with parts manufacturers for example Intel.

For the continuation of the plan in order to break HP would have attempted to sell parts. Thus, the group would be PC branch have tried to sell Dell and Lenovo, but would not see in an acquisition of the branch with a turnover of 25 billion euros in 2013, the two competitors, the HP Enterprise Services industry would have to put away the Indian companies Wipro and Infosys, but those efforts would be stranded and finally IBM was approached in vain for the Business Critical Server component.

It was recently announced that HP would talk. EMC about a merger In addition, the PC branch would have been seen as a stumbling block. A breakdown would be that negotiations can breathe new life into.

Update, 13:17: HP has the acquisition confirmed.

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