IDF 2011 Exclusive: HP Discusses Spinoff Details
September 14, 2011 5:10 PM
comment(s) - last by
An executive with the Personal Systems Group tells DailyTech that the company may retain the HP logo and brand name in the case of a spin-off.
HP says tablets, smartphones will go in spin-off, but not consumer printers; the PSG may retain brand
, we attended an early morning session from Hewlett-Packard, Comp. (
). The presentation was primarily aimed at showing off HP's new attractive enterprise-targeted displays. Unsurprisingly, though, the conversation soon veered into a discussion about the
of the company's personal computer and consumer electronics division.
HP's Jeff Wood, global marketing VP with HP's Commercial Solutions Business Unit -- a part of
the Personal System Group
-- discussed the spinoff. He admits that he is still "as they say, very deep in the woods [on the spin-off]."
He describes, "We hope to get this decision made quickly. Our goal is to get it done before the end of the calendar season, so we can get back to our day jobs. As you might imagine most of our executive team has actually been on the road reassuring our customers that we're here to stay."
The PSG executive provided some interesting details and commented that overall the move seemed "worth it" from a business perspective, while offering the disclaimer that the company hadn't made any final decision yet, remarking, "That's not cast in stone at this point, there is an opportunity to continue one with HP long term."
If the Personal Systems Group (PSG) is spun off, exactly what products would go with it? Well, according to Mr. Wood, HP's enterprise workstations, monitors, consumer desktops, and consumer notebooks would all be included in the spinoff. Tablets and smartphones are under the auspice of the PSG as well.
Consumer printers would
be included in the spinoff (nor would commercial printers. These products are under the auspice of HP's Imaging and Printing Group (IPG) -- which will be retained under the current plan.
In other words the "new" HP will not make desktops/workstations/notebooks (presumably), but will continue to make commercial printers, servers, business software, etc. And under the new plan HP will continue to offer consumer solutions, but just in a handful of business niches like printers.
We asked Mr. Wood about branding of the spin-off's products. He tells us, "That's something that we're investigating right now. If you go with retain an HP logo or is there a new brand? We're still at that part of the investigation. If we do get spun out we're going to have the spirit of a startup, but the reliability and the quality and retail solutions of an HP company."
As for the troubled webOS platform finding new life on desktop, something HP
talked about long ago
, he comments, "I think something that remains be seen, that's something we'll have to investigate as we move on, if we spin off."
Mr. Wood also tells us that there may be a close OEM relationship between the two resulting companies.
goes ahead, the resulting company would presumably be
the global and U.S. leader
in personal computer sales.
This article is over a month old, voting and posting comments is disabled
I thought the reason Hp want to keep the PC business
9/15/2011 12:15:39 AM
was to offer free-printer with every PC purchase.
"A politician stumbles over himself... Then they pick it out. They edit it. He runs the clip, and then he makes a funny face, and the whole audience has a Pavlovian response." -- Joe Scarborough on John Stewart over Jim Cramer
HP Leans Towards Spin-Off of PC Business, Rather Than Sale
August 30, 2011, 9:06 AM
HP Committing Suicide? Former Board Director Speaks Out
August 29, 2011, 5:07 PM
Report: HP to Sell Off PC Unit
August 18, 2011, 4:55 PM
Analysts: Apple Now Has More Than 10 Percent of the U.S. PC Market
July 14, 2011, 1:52 PM
HP Prepares to Take on Microsoft in the Consumer PC OS Segment
February 15, 2011, 9:49 AM
Seagate Senior Researcher: Heat Can Kill Data on Stored SSDs
May 13, 2015, 2:49 PM
How to Recover Most Apps After Your NVIDIA Driver Crashes in Windows 10
March 30, 2015, 12:54 PM
Tinkerer Gets Old School Mac Plus Running on the Modern Web
March 24, 2015, 6:41 PM
Facebook-Backed Oculus Rift's Release Date Slips to 2016; Valve and HTC Salivate
March 16, 2015, 5:58 PM
Hackers Steal Roughly $1 Billion From Banks Using Malware RAT
February 17, 2015, 9:30 AM
NVIDIA Kills Mobile GPU Overclocking, Robs Customers Who Paid For It
February 16, 2015, 8:59 AM
Most Popular Articles
America's Largest Cable Company, Comcast, Sees Internet Subscriptions Pass TV
May 4, 2015, 2:46 PM
Chromebooks Expected to See Sales Grow 26 Percent to 7.3 Million Units This Year
May 22, 2015, 1:26 PM
Don't Spy on Me: Senate Pushes Obama's PATRIOT Act Renewal Bid to the Brink
May 25, 2015, 8:21 PM
Buzzfeed, NatGeo, NBC, and NYT Pay to Push Stories to Your Facebook Feed
May 13, 2015, 4:31 PM
No Matter What the AP Tells You, Google's Self-Driving Cars are Pretty Safe
May 12, 2015, 1:06 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2015 DailyTech LLC. -
Terms, Conditions & Privacy Information