7 October 2014
HP To Separate Into Two New Industry-Leading Public Companies
PALO ALTO, CALIF—HP is splitting up. The company has decided to separate the technology infrastructure and software services business from the personal systems and printing business. The technology side of things will go by Hewlett-Packard Enterprise and the print side will be known as HP Inc.—and will retain the current logo. The transaction should be completed by the end of fiscal 2015, and the company says the division will accelerate performance, drive sustained growth and demonstrate clear industry leadership in key areas. Read the press release in its entirety here.
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