HP puts PC business up for sale, dumps mobile devices

Hewlett-Packard Co. might be spinning off its PC division and is close to buying the U.K. software firm Autonomy, according to Reuters.

Huffington Post also also reported that HP is dumping its two-month-old tablet and will stop making mobile phones.

The spin off of the PC business has long-been rumored because of its slow growth and low margins.

The acquisition of Autonomy for $10 billion would bring in a more profitable line of business. The company makes software used to search and organize unstructured data such as e-mails, according to Reuters.

The end of HP's mobile device business is an acknowledgment that Apple and Google's Android operating system have too far of a lead in the mobile device market for HP to catch up, Bianca Bosker wrote at Huffington Post.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH
contracts DB

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Read More

  • Is SBA MIA on contractor fraud? Nick Wakeman

    Editor Nick Wakeman explores the puzzle of why SBA has been so silent on the latest contractor fraud scandal when it has been so quick to act in other cases. Read More

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Sequestration, LPTA and the Top 100

    Join Washington Technology’s Editor-in-Chief Nick Wakeman as he analyzes the annual Top 100 list and reveals critical insights into how market trends have impacted its composition. You'll learn what movements of individual companies means and how the market overall is being impacted by the current budget environment, how the Top 100 rankings reflect the major trends in the market today and how the biggest companies in the market are adapting to today’s competitive environment. Learn More!