Hewlett Packard (HP) is looking keenly at its PC division which grabs one of the biggest market shares in the world with nearly 17.7%. This news hammers in minds that HP is willing to close its webOS division which was attained in exchange of $1.2bn in April 2010 when it acquired Palm. This shut down will kick nearly 500 employees out of the company.
HP at this decision was of the view that “continued combination of HP and its Personal Systems Group [is] expected to deliver greater customer and shareholder value”.
Along with that, Meg Whitman, HP president and chief executive officer said in a statement that “HP objectively evaluated the strategic, financial and operational impact of spinning off PSG. It’s clear after our analysis that keeping PSG within HP is right for customers and partners, right for shareholders, and right for employees. HP is committed to PSG, and together we are stronger.”
HP has injected with many harmful losses from the high ups of its webOS division when Richard Kerris quits his position as HP’s vice-president of webOS worldwide developer relations and shook hands with the Finnish tech giant, Nokia for the same post.
HP has been on desperate hunt for a potential buyer for its webOS which powers the short-lived TouchPad. Some Expectations hints that Amazon could buy webOS but there is no verification that specifies that Amazon is willing to hold another operating system because it has adopted its own version of Google’s Android software for new Kindle Fire device.
Trackback from your site.