PR: HP to keep PC division.

WorldWide Tech & Science. Francisco De Jesús.

Finally after a month of  waiting about the HP PSG spin off, HP has decided not to, and will continue with its PC division as part of the company.

Press Release: 

HP to Keep PC Division.

Continued combination of HP and its Personal Systems Group expected to deliver greater customer and shareholder value.

PALO ALTO, Calif., Oct. 27, 2011

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HP today announced that it has completed its evaluation of strategic alternatives for its Personal Systems Group (PSG) and has decided the unit will remain part of the company.

“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,” said Meg Whitman, HP president and chief executive officer. “HP is committed to PSG, and together we are stronger.”

The strategic review involved subject matter experts from across the businesses and functions. The data-driven evaluation revealed the depth of the integration that has occurred across key operations such as supply chain, IT and procurement. It also detailed the significant extent to which PSG contributes to HP’s solutions portfolio and overall brand value. Finally, it also showed that the cost to recreate these in a standalone company outweighed any benefits of separation.

The outcome of this exercise reaffirms HP’s model and the value for its customers and shareholders. PSG is a key component of HP’s strategy to deliver higher value, lasting relationships with consumers, small- and medium-sized businesses and enterprise customers. The HP board of directors is confident that PSG can drive profitable growth as part of the larger entity and accelerate solutions from other parts of HP’s business.

PSG has a history of innovation and technological leadership as well as an established record of industry-leading profitability. It is the No. 1 manufacturer of personal computers in the world with revenues totaling $40.7 billion for fiscal year 2010.

“As part of HP, PSG will continue to give customers and partners the advantages of product innovation and global scale across the industry’s broadest portfolio of PCs, workstations and more,” said Todd Bradley, executive vice president, Personal Systems Group, HP. “We intend to make the leading PC business in the world even better.”

More information is available at www.hp.com/investor/PSG-Decision.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

Stephen Di Franco: HP continues to work on a better business model around webOS. PSG will continue.

WorldWide Tech & Science. Francisco De Jesús.

Today news about HP webOS and the spin-off or not of the PSG:

HP webOS:

The company is also developing another facet of mobility, WebOS. Despite closing down its TouchPad tablet business earlier this year, HP continues to work on a better business model around the mobile operating system, said DiFranco.

HP PSG:

“The organization you know as PSG will continue, whether that’s somewhat independent or completely within HP,” said Stephen DiFranco, senior vice president and general manager, PSG, Americas, at HP, during a keynote. “I need a few more weeks of your patience. As soon as we know, you’ll know.”

Former eBay executive Meg Whitman, who joined HP as chairwoman in September, has said she wants to decide PSG’s next path by the end of October. As part of that process, HP is reviewing the factors that have made it the world’s largest buyer of hard drives, memory, disk drives and other computer components, DiFranco said.

As the company considers PSG’s future, HP’s resources are also centered on new products, categories and strategies designed to help solution providers continue selling the brand into enterprise and SMB accounts.

“The things I’m really focused on are making sure we’re focusing on bringing products to consumers, commercial and SMBs,” DiFranco told Channel Insider.

One over-reaching theme is to brand HP consistently so buyers—both corporate and consumer—are better aware of the HP name and the full range of the vendor’s varied and expansive product line, he said. Apple, for example, has done a good job of making its products immediately recognizable among other vendors’ offerings, said DiFranco.

“HP wants to do the same,” he said.

We are five days away from the end of October 2011. What would be the final decisions about webOS and HP PSG ? We will let you know as soon as we have the news on.

Source: CRN