Quantcast
Jump to content

Recommended Posts

Posted

HP considering sale of underperforming units

As with any struggling company, HP's looking at ways to streamline their business and raise some cash in the process. Late last month HP send a 10-K filing to the US Securities and Exchange Commission that the company will "continue to evaluate the potential disposition of assets and businesses that may no longer help us meet our objectives."

In plain talk: if you're a part of HP but aren't helping out the bottom line as much as HP would like, you might not be part of HP for much longer. Of course, the ideal method for getting rid of those not-helping-HP units is for HP to sell them. You know, stop losing money by making money.

This isn't the first time HP's looked at selling parts of the company. In fact, a lot of HP's problems over

link hidden, please login to view
can be traced back to . It was the plan of to split HP into two distinctly separate companies, with one focusing on enterprise software and the other built around the declining PC business. That plan kicked off a firestorm in Palo Alto and , . HP also tried and failed to and/or the webOS Global Business Unit at , eventually opting instead to commit webOS to open source and .

Or at least, that was the plan months ago. Gram, that standalone company, has yet to launch, and since HP's decision to open source webOS a year ago the mobile landscape has dramatically changed. Could HP be weighing giving a sale of webOS and it's GBU another go? Not likely, considering how much they've invested in spinning off Gram so far, but… crazier things have happened.

mf.gif


a2t.imguZY58rcCQlw

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Similar Topics

    • By Alex
      Did you buy a Firesale HP Touchpad? Share the details...
      Thankfully, I was able to get one myself, but it took a few tries and ordering it on the HP Business site. By the time I checked all the retailer, they were gone! Snagged a 16GB for $99! I hope you grabbed one also...
    • By News Reporter
      Given the chance to do things over again, former Palm CEO Jon Rubinstein would not have sold the company to HP. When asked by FierceWireless about whether he would have done anything differently, Rubinstein said that he wouldn't "have sold the company to HP. That's for sure. Talk about a waste."
      Quite. We're still
      link hidden, please login to view about the , so it's no surprise that the man who and his reputation to webOS would also be unhappy with how things turned out. But as we've seen time and time again, Palm was often a victim of circumstance and political carrier games. The first step down the road to perdition for Palm was their launch partner: third place US carrier Sprint. Said Rubinstein: "We almost had deals with Verizon and with Vodafone, and in the last minute both of those guys decided not to go through with the deal, so we had a deal with Sprint," saying that it was "the best deal we could get at the time."
      But all of that is in the past. What's Rubinstein up to these days? As we've previously reported, he's joined the boards of both and , which Rubinstein says are "uniquely positioned for the future of where things are going." He also spends some of his time helping out some 'small companies'. And, of course, taking time off and relaxing at his Mexican villa from where Ed Colligan lured him away years ago.
      And as we've all noticed, a lot of what we love about and was pioneered by webOS has found its way into its former competitors, including yesterday's reveal of iOS 7. Rubinstein listed a number of features, including notifications on Mac OS X, multitasking cards (on, well… everything), Synergy contacts and messaging melding, over-the-air updates, and so much more.
      Alas, if wishes were horses we at webOS Nation have a cavalry that would make General Washington proud. At the very least we can feel validated that our mobile operating system of choice was in fact years ahead of the curve, perhaps too far ahead.
          



    • By News Reporter
      Saint Patrick's Day falls on a Sunday this year, so we're going to celebrate all weekend long here at webOS Nation with a
      link hidden, please login to view sale!! Until Sunday, Midnight PST, you can save 15% on ALL accessories by using coupon code shamrocks at checkout.




    • Solution For That Pollution
    • By News Reporter
      link hidden, please login to view Be sure to use coupon code HOLIDAY12 at Checkout. .




×
×
  • Create New...