Friday, October 28, 2011

It's Official: HP is keeping its PC division

It's Official: HP is keeping its PC division

Thursday HP finally ended the drama over its PC division (aka Personal Systems Group or PSG) which began during the summer with the announcement of a possible spin-off or outright sale. According to the company, the unit will remain as part of the HP collective — it won't be sold or spun-off into a separate company. “HP objectively evaluated the strategic, financial and operational impact of spinning off PSG. It's clear after our analysis that keeping PSG within HP is right for customers and partners, right for shareholders, and right for employees,” said Meg Whitman, HP president and chief executive officer.

2DayBlog.com, It's Official: HP is keeping its PC division

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.