Skip to main content

HP Splitting Personal Computers And Printers Division From Enterprise Division

Sponsored By Rentacomputer.com--Your Technology Travel Agent

When HP took over UK software group Autonomy the results were pretty bad. So bad, in fact that HP went into a full-blown crisis, which inspired the company to break up the two companies. This
news comes after allegations have been going back and forth between the two companies with each stating things like "fraud" and "misrepresentation" involved in the takeover with HP claiming that Autonomy overstated the number of contracts it had when the deal was being brokered.

CEO of HP Meg Whitman, whom has come under considerable fire for this whole situation, has decided to split HP's personal computers and printers business from its corporate hardware business, which has been highly profitable. Each part of the company will be worth tens of billions of dollars, though the deal itself is directed at making the large PC division easier to manage and focus on.

Whitman will take on the role of CEO of the enterprise division with Senior PC Division Executive Dion Weiser leading the PC division. In addition to that, Whitman will also be chairman of the PC division with the current Senior Independent Director, Patricia Russo, becoming chairman of the enterprise division. Some people have noted that this was the plan of Whitman's predecessor Leo Apotheker, who's idea of breaking up the two businesses was swiftly canned when Whitman took over. In addition to that, it has also been noted that both halves of the company are pretty equal in size, generating revenues of $55.9 billion last year.



HP was previously the world's biggest PC maker until Lenovo managed to snag the top spot last year. Lenovo has been increasing its presence in the American market with its low cost of production and quickly increasing technology. Whitman has had trouble finding HP's next area of growth in the computing world. Things like tablets and cloud computing have changed the face of the computing world drastically. As a result, Whitman has tried to branch HP into cloud computing, but with little success. That has also been exacerbated by her failed efforts to pull off a mega-merger with data storage giant EMC Corp.

SEE ALSO: Lenovo & Ashton Kutcher Are Giving Us A Tablet With A Built-In Pico Projector!


Whitman is looking at the need to not only cut costs due to the falling sales of traditional PCS. What's more is that Whitman and HP are also dealing with the need to cut tens of thousands of staff members around the world. The decision by HP to divide the two companies will likely be seen as positive by those on Wall Street due to the fact that investors have been demanding sprawling companies with diverse interests break up into smaller divisions that are easier to value and easier for management teams to oversee.


Technology Rentals Are Available In ANY Quantity, Contact www.Rentacomputer.com For More Info Or Call 800-736-8772

Comments

Popular posts from this blog

Windows 10 Spying Concerns: Are They Still Viable?

When Windows 10 first launched many users quick to flock to the new operating system as they were in a hurry to get away from Windows 8. However, a lot of those users became unsure of Windows 10 when reports started coming in that the operating system was practically spying on everything you did. Some of the reports were completely false while others held some truth but were completely blown out of proportion. With the operating system now available for over 8 months, it's time to take a look at all the concerns people had and whether or not those worries are still relevant today. Read more about this topic on the ComputerServiceNow Blog !

Apple's all new 12" MacBook and a higher-res sixth-gen iPad for 2014

Apple has a newly designed 12-inch MacBook featuring a high-resolution display, and a new 9.7-inch sixth-generation iPad with an even higher pixel count than the most current Retina display. Both are to be released next year according to knowledgeable insider Ming-Chi Kuo. Kuo, who is an an analyst working for KGI Securities , has said that Apple has a ton of major new products in the works for 2014. The biggest one being the new 12-inch MacBook which will feature what he said is an "ultra-slim clamshell form factor." He says this new and improved MacBook will bring the best of both worlds from both the portability of the 11-inch MacBook Air and the greater productivity brought by the 13-inch model. The display is said to be up to par with Apple's high-resolution MacBook Pro Retina display. Kuo says that the newest MacBook being worked on will "redefine laptop computing once again following the milestone created by the MacBook Air." Despite all the...

Lenovo CEO Shares Bonus With Employees

With a large abundance of PC manufacturers out there all trying to sell you the same things, Lenovo, a Chinese multinational technology firm,  and their CEO Yang Yuanqing are implementing some generous small business tactics that may be contributing to their success. Lenovo has pushed their way into the top of PC manufacturing, surpassing $34 billion in sales. This company brings you all the day to day technology you would use including PC's, tablets, workstations, servers, electronic storage devices, and IT management software. Lenovo is also becoming a smartphone manufacturer, with rumors saying that they may even buy out Blackberry. It's hard to ignore the apparent success of Lenovo, and it's even harder not to connect it to the selfless actions of their CEO, Yang Yuanqing.   Instead of simply pocketing his $3+ million dollar bonus due to the company's success, Yang Yuanqing took it upon himself to share his bonus with his 10,000 manufacturing employee...