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  • HP to Split, Renew Focus on Tablets

    On Monday, Hewlett-Packard confirmed that the company will break into two companies.

    Although more questions were raised than answered in today's initial announcement, HP says the objective is to divide itself into companies with diverse business interests.

    One half, we're told, will be aimed squarely at business technology -- computer servers, data storage resources, software and related services. The other will sell personal computers and printers.

    Presumably, based on the chatter we're hearing, a major focus of the computer and printer business will be tablets, as HP strives to grab a bigger share of a market largely dominated by Apple and Samsung.

    HP says both companies will be publicly traded.

    “Our work during the past three years has significantly strengthened our core businesses to the point where we can more aggressively go after the opportunities created by a rapidly changing market,” said Meg Whitman, Chief Executive Officer of HP. “The decision to separate into two market-leading companies underscores our commitment to the turnaround plan."

    Although HP hasn’t given much focus to the Windows tablet market (they've focused mostly on Android), it's a safe bet that Windows will now play a larger role in HP's efforts as the company strives to become a bigger, more diverse force across the tablet landscape.

    Source: HP (News release via NY Times)
    This article was originally published in forum thread: HP to Split, Renew Focus on Tablets started by Michael Essany View original post