Hp Splits Into Two Companies

[Guest]

HP (HPQ, Tech30) announced Monday that it plans to put its PC and printer operations under one roof under the name HP Inc., and its business that provides software and services to corporate customers under another under the name HP Enterprise.

The company said the split will give both companies the focus, financial resources and flexibility to adapt more quickly to the market, while also raising the stock value for shareholders.

"Being nimble is the only path to winning," CEO Meg Whitman said on a conference call with investors Monday.

Shares of HP jumped more than 4% in early trading following the announcement.

[Hyderabad_Nawab]

%<>( ..Already Business Insider lo vesaaru.... :police:

[k2s]

But y

[areybokka]

may be aa hardware business time chusi ammestharemo