Items tagged with spinoff

Over the course of the past few weeks, since the company’s announcement that it would no longer produce tablets and smartphones based on webOS and that it planned to spin-off its PC business, HP has been the target of a lot of negative sentiment. HP claims, however, that much of the information it tried to convey has been misunderstood. In attempt to set the record straight, the company just posted up an article on its Small and Medium Business website titled, “HP's bold new direction. The facts.” In the article, HP tries to better explain its plans for webOS, its PC... Read more...
In the wake of HP's announcement that it intends to investigate a PC spin off, the company has discovered one of the downsides to being the market leader:  It's hard to find a buyer. Samsung has recently announced it has no interest in acquiring HP's PSG (Personal Systems Group).  While Samsung's own PC business is quite healthy, with ten million units shipped last year, it's dwarfed by HP's estimated 64 million unit shipments over the same period. Samsung's CEO told Wired: "Based on the significant disparity in scale with Samsung’s own PC business and the complete lack of synergies,... Read more...
It looks like the rumored spin-off of AMD's manufacturing operations is just hours away now and reports are starting to ping across the wire of a "significant announcement" that AMD CEO Dirk Meyer will be making shortly.  In fact, we've been invited to a press web cast at 8AM EST that AMD will hold in the morning.  Historically, AMD has taken largely an in-house fabrication model for their wafer fabrication.  However, capitalizing this effort is a huge recurring and perpetual investment that frankly only makes sense if there are significant and off-setting economies... Read more...