time it had demanded analysts times it had planned a former CEO and then again rejected: We’re talking about the splitting of the ailing American IT giant Hewlett-Packard (HP).
since the end of 2011 incumbent HP chief Meg Whitman is at the announced over a year ago self-destruction now before the final step: With effect from 1 November, the group divides into two parts – almost exactly along the dividing line between retail and corporate business
Under the name of Hewlett Packard. Enterprise operates in the future the entire IT portfolio with server and storage hardware, enterprise software and IT services towards. The new company began last year around 55 billion dollar – that’s pretty much half of the total Group in 2014 with $ 111.5 billion. CEO of the new IT giants, the previous HP-total-head Whitman.
In the other half of the HP Inc. somewhat larger residual, ie especially the PC and the printer remains -Business and mobile devices and scanning solutions. On the post of HP CEO then puts Dion Weisler, previously head of the so-called Printing and Personal Systems Group within HP.
Technically speaking, the division carries out a so-called spin-off, the means: On Monday each HP shareholder will receive one share in Hewlett Packard Enterprise. Meg Whitman will be present in person on Monday on Wall Street and ringing the bell honored for IPO.
The most popular printer manufacturers in the world
market share: 5.1 percent
Source: Statista / IDC, Stand: 2013
market share: 7.3 percent
market share: 13.9 percent
market share: 20.7 percent
market share: 39, 9 percent
From then you scaled baby under the symbol “HPE” on the New York Stock Exchange (NYSE) will be listed on the stock exchange list.
With this final step, the now almost 76-year history of HP ends up as an integrated technology company. Certainly there are good reasons for the two individual companies, now to march separately. On the other hand there was the reverse direction also for keeping the various divisions under one roof.
- Page 2: Continued bloodletting in the workforce