Zee Media Bureau
New Delhi: Technology giant Hewlett-Packard Co plans to break in two entities, separating its PC and printer businesses from its corporate hardware and services operations, according to various media reports.
The California based company will focus more on the growing corporate service market. The company hasn't made a formal announcement yet.
The company would be split into two entities — one focused on HP’s traditional business in personal computers and printers, and the other consisting of computer servers, data storage devices, networking, software and services aimed at businesses.
HP's printing and personal computing business accounts for half of its revenue and profit, according to last quarter's financial results.
The company was founded by Bill Hewlett and Dave Packard in a Palo Alto, California garage in 1939, HP was one of the companies that shaped Silicon Valley and the PC revolution.
With agency input
