HP considers splitting PC division to stop webOS device operations

August 19--HP will announce a 10 billion dollar takeover of British software company autonomy and spin off the PC business as soon as THURSDAY, according to Reuters news agency.

Autonomy, based in Cambridge, has many big clients, such as Procter and Gamble. Customers use autonomy software to search for and organize data, such as e-mail.

The source said HP might announce the announcement the day after the quarterly results were released.

There have been rumours that HP would spin off the computer business, but Hewlett-Packard denied rumors. The computer business is Hewlett-Packard's biggest department, but the profit is also the lowest.

Not long ago, HP CEO Apotheker said he wanted to expand software and services to help customers provide Internet computing, or cloud computing. HP is also trying to reduce reliance on low-margin PC business, as consumers flock to tablets and the PC business grows sluggish.

HP confirms acquisitions and considers break-up

HP then confirmed that it was discussing with autonomy the potential takeover. HP is looking for alternative options for PSG (Personal Systems Group). Hewlett-Packard will consider a variety of options, including complete or partial split PSG business.

In addition, HP is ready to suspend the operation of the webOS device business, especially the touchpad and webOS handsets. However, HP will continue to look for options to optimize the value of webOS software.

Today, Hewlett-Packard also announced the three-quarter results as of July 31, 2011. In March, Hewlett-Packard revealed detailed plans to move into High-value, High-margin products, focusing on cloud computing, solutions, software, strengthening the development of business, business and government markets, increasing innovative investment and promoting differentiation.

As part of the strategy, Hewlett-Packard announced that it had been authorized by the Board to seek strategic alternatives for the PSG sector. HP will consider a variety of options, including all or part of the PSG from HP Independent, through unbundling or other means.

HP will no longer operate webOS devices, especially touchpad and webOS handsets. Because the equipment did not meet the internal objectives and financial objectives. HP will find options for webOS software to optimize its value.

In addition, HP will all acquire Autonomy Corporation's common Shares, 25.5 pounds (42.11 U.S. dollars) per share. Autonomy software can strengthen many enterprise applications, including enterprise search, customer interaction solutions, information Management, End-to-end ediscovery, records management, indexing, enterprise business management, network content management, network optimization, rich media and video audio analysis. Acquiring autonomy can speed up HP's cloud computing and software processes.

HP CEO Apotheker said: "We will focus on improving the performance of the entire business." HP will take bold and transformative steps to make the company a leader in the information economy. The plan announced today will enable HP to accelerate the creation of long-term shareholder value by concentrating on a handful of cutting-edge areas, thereby enhancing executive power, investing in innovation and driving high-margin business development. "

(Responsible editor: admin)