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HP to drop out of computing



/ 5 years ago

The multinational information technology corporation Hewlett-Packard has confirmed its plans to stop making PCs, tablets and phones and instead refocus on software.

HP said that it is moving out of the computer making to refocus on the more profitable software lines, as a matter of fact the US company has agreed to buy the UK software firm Autonomy for £7.1bn ($11.7bn).

While HP launched a smartphone competitor to the iPhone, equipped with its own webOS, this product didn’t find much “love” from the costumers and the same thing happened for its tablets, with sales being extremely low. HP, on the other hand, didn’t have much trouble in its PC sales which makes it a rather surprising move.

The US company has also said it was considering selling its personal system group saying it “will consider a broad range of options that may include, among others, a full or partial separation… from HP through a spin-off or other transaction”.

Some rumors name various firms as being keen to buy parts of HP if it were to break-up.

Is this the end of a giant, or the beginning of something better?

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  • Chris

    Shame to be hones,t I've got a HP workstation and laptop here and I think they're great, I'm a fan of their printers as well – hopefully they're not included in the drop out 🙁

  • gaetan

    wasn't specified, although I don't think they'll continue, I think they're completely dropping out of the PC making including printersAlthough it's true, I have another HP laptop that I don't use much, but it was my best, never broke down, and I was told they had the highest failure rate, so.