The Channel logo

News

By | Richard Chirgwin 27th October 2011 22:08

HP flip-flops on sale of Personal Systems Group

We love PCs, after all

Meg Whitman, who in September replaced the deposed Leo Apotheker as president and CEO of HP, has decided that “exploring options” for the company’s PC business will not, after all, involve selling the division.

Whether in response to indifference to the opportunity to buy its Personal Systems Group, or because it’s decided there are a few strategies it hasn’t tried yet, HP has just announced that it’s keeping PSG after all.

“HP objectively evaluated the strategic, financial and operational impact of spinning off PSG," Whitman said in the announcement. "It’s clear after our analysis that keeping PSG within HP is right for customers and partners, right for shareholders, and right for employees. HP is committed to PSG, and together we are stronger”.

It’s quite a change of tune for HP, which in September saw the PSG as something of an orphan in the business. Back then, PSG boss Todd Bradley said: "For PSG to compete for capital with everything from software to routers to printers, it makes enormous amounts of sense for the company to spin out, raise its own capital, invest in the PC priorities and the channel priorities around personal computing."

Now, Bradley says: “We intend to make the leading PC business in the world even better.” ®

comment icon Read 14 comments on this article alert Send corrections

Opinion

Windows 10 on Surface 3

Tim Anderson

It's do-or-die for Microsoft's new operating system on 29 July
Wine Taps by N Wong, Flickr, CC 2.0 License

Simon Sharwood

Clouds sell compute by the glass. On-premises kitmakers want to sell wine-as-a-service

Greg Knieriemen

Privacy, security, information sovereignty, what we all want, right?
Microsoft's Joe Belfiore, speaking at Build 2015

Andrew Orlowski

Redmond devotees may as well have demanded manga desktop wallpaper

Features

Android icon desktop toys
Nice devices, now speak 'enterprise' to me
Standard Form 86 reads like a biography of each intelligence worker
Protestor barricade image via Shutterstock
Breaking through the hardware barricades to a new network state
Racecar