HP to Spin Off Its PC Business and Stop Selling Tablets

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Posted August 18, 2011 at 7:49pm by Shalom Levytam

HP is expected to announce that it will spin off its PC business, stop selling tablets, and acquire a $10 billion dollar U.K. software firm called Autonomy Corp, according to the WSJ.

H-P may announce its plans as early as Thursday, the people said. Autonomy in a statement confirmed discussions "regarding a possible offer" by HP. As part of Hewlett-Packard's planned spin off of its personal computer business, it will keep the webOS software business but let go of the hardware, meaning H-P is shutting down its tablets business, people familiar with the matter said. H-P's tablet is the TouchPad, an iPad rival that went on sale in July starting at $499. Earlier this month, H-P cut its price 20%.

HP will keep its printers, storage, and networking businesses according to the report and will likely license webOS to other hardware manufacturers.

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HP to Spin Off Its PC Business and Stop Selling Tablets

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jack - August 20, 2011 at 3:33pm

Best Buy are selling them off now at $99

Hhd - August 19, 2011 at 12:04am

Good riddance. These guys are so cheap. The last HP printer I bought came WITHOUT an USB cable. Can u believe that? A PRINTER without CABLE. I unpacked it and went OOPS.

DigiHead - August 19, 2011 at 4:40pm

oh really?! :D hp printers selling with out cable for last decade at least! anyway they are better than epsons or brothers or all other crap

matrixmaniac - August 18, 2011 at 10:58pm

Tja, 30 years ago, HP was almost like Apple: Superbly crafted products with wonderful manuals and great accessories. Quality in every detail.... But then they went cheap, going for tricky marketing and customer unfriendly business models... E.g. I just recently was asked for assistance to upgrade a friend's HP Laptop (nice hardware, quite some money spent on it, not old, but Vista installed). I couldn't believe it: It is not possible to upgrade this machine to Win7! The OS is locked by the BIOS! .... I cannot believe what crap this is. It's good that they go down. They have to if treat their customers like this. The unfair part is that their leaders still get a hell of a lot of money for it while their employees will lose their jobs...

DigiHead - August 19, 2011 at 4:45pm

are you sure os is locked by bios? i'm into repair business - never seen such thing! just get good copy of 7 ultimate and install it. drivers shouldn't be a problem even hp site says not supported.

Andrew - August 18, 2011 at 8:08pm

Another iKiller bites the dust! Next... All the iPhone wannabes.