Feeds

HP discussed divorce

"It's not you, it's me..."

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

HP's board have discussed splitting up the company on three separate occasions, Carly Fiorina, CEO, revealed yesterday. She told a meeting of financial analysts: "The board looked at this analytically and dispassionately and in detail three separate times...and each time the board...came to the same, unanimous conclusion," Reuters reports.

Fiorina made the disclosure in response to a question from Merrill Lynch analyst Steven Milunovich who has repeatedly called for the firm to be split up. HP's printer business deliver the lion's share of group profits. Plagued by uneven recent financial performance HP has been under pressure from investors for some time. Some observers also believe separating its consumer and business divisions would improve profitability.

Fiorina warned that such a process would incur "real costs" and take years to achieve. She pointed out that HP's spin-off of Agilent in 1999, which raised $2bn was only finally completed three months ago. ®

Related stories

HP redeems pride with strong Q4
Compaq's servers save HP from enterprise sales hell
Fiorina: HP's SAP disaster under control

Beginner's guide to SSL certificates

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.