Published On: Mon, Oct 6th, 2014

It’s splitsvilla for HP

Hewlett-Packard has decided to separate its computer and printer business from its corporate hardware and services operations. As reported by the Wall Street Journal the company is planning to split in order to focus on its faster-growing business. Earlier in August the company has also reported a fall in profit despite a rise in revenue, helped by improved PC sales.

HP

The news report further suggests that Chief executive Meg Whitman, who was working on reviving the fortunes of the 75-year-old firm, will now head the new spin off Enterprise Company. Along with this she will also be the chairman of the HP’s printing and PC business.

Also Read eBay to separate from PayPal in 2015

The company has been under continuous pressure because of the tough market competition and with the coming up of Lenovo and others its PC business faced a setback with decreasing revenues.

About the Author

Heena Gupta

- A reader at heart, this girl loves to express through writing. Her ears perk up as soon as she senses any tech molecule in the air. With the ability to use and navigate typical technologies she becomes a complete tech enthusiast. This post graduate in Mass Communication lives in the world of gadgets. Fiction, history and cartoons keep her busy in the free time. Her urge to grow mixed with excellent writing skills forces us to have her as a part of our workforce.

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It’s splitsvilla for HP