HP is reportedly splitting into two companies

HP is reportedly splitting into two companies

Jon Fingas

Engadget

HP's home-focused and business divisions have frequently seemed at odds with each other, and apparently the company agrees. The Wall Street Journalclaims that the tech giant is about to split into two companies, one focused on PCs and the other dedicated solely to corporate hardware and services. If the report is accurate, the separation could be announced as early as Monday. The exact reasoning behind the move hasn't been mentioned, but the PC-centric group would be headed by one of its existing executives, Dion Weisler; current CEO Meg Whitman would run the business group and keep an eye on the other company by serving as its chairman of the board.
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Source: Wall Street Journal