HP to Spin Off Its PC Business and Stop Selling Tablets

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Posted August 18, 2011 at 7:49pm by iClarified

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.

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

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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.