SAN FRANCISCO, 30 Aug. (Reuters/EP) -
The company Hewlett-Packard (HP) announced earlier this month that it was ending its personal computer division and is currently working on analyzing the consequences of separating the business from the company. HP says it will take 12 to 18 months to get rid of the division completely, but is expected to make a final decision on the division before the end of the year.
The world's largest technology company by revenue surprised investors when it said it was considering alternative strategies for its Personal Systems Group (PSG) – which includes personal computers – and that it would end up with its new 'tablet' as part of a major overhaul outside the consumer market.
"We prefer a segregation as a separate company and hypothesize that this spin-off would also be in the interest of HP shareholders, customers and employees," an HP spokesperson said.
"However, we have to complete the necessary processes and validate this possibility, including all that means breaking with the synergies of separating the PSG business from HP," he added.
Some of the alternatives HP is exploring for its personal computer division include separating the business through a spin-off or sale.
The California-based company has struggled in the computer market — a low-margin but high-income business — as novel devices like Apple's iPad have seduced consumers.
Authors: PortalTIC.es / Companies
