Main Quotes Calendar Forum
flag

FX.co ★ Hewlett-Packard splits into two corporations

back back next
Forex Humor:::2015-11-06T15:44:00

Hewlett-Packard splits into two corporations

November 2, the Silicon Valley pioneer Hewlett-Packard announced the decision to split its business. Thus, the two independent companies entered the market, HP Inc. and Hewlett Packard Enterprise. They will operate in different segments of the hi-tech market. HP Inc. will focus on PCs and printers, while Hewlett Packard Enterprise will deal mainly with servers, storage, the cloud, networking, services, and software.
The corporations are similar in size. Meg Whitman, ex-Chief Executive Officer at Hewlett-Packard, and Dion Weisler, ex-Vice President, will be at the helm of the new mega-companies. On November 2, 2015, shares of Hewlett Packard Enterprise and HP Inc. started trading on the New York Stock Exchange under the HPE and HPQ tickers respectively.
“As two independent, industry-leading companies, Hewlett-Packard Enterprise and HP Inc. can drive more focused business strategies,” Meg Whitman said. However, analysts do not rule out their merging with larger companies in the future.

Share this article:
back back next
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...