Hewlett Packard has announced that they are to stop manufacturing PCs, tablets and phones. They will instead focus on producing software instead as HP has agreed to buy UK software firm Autonomy for £7.1 billion. HP went on to say that it will cease its webOS services. This operating system had been mainly used within their tablets and smartphones.
This announcement represents a turnaround for HP, as they revealed back in March following a strategic review that their webOS services would be included in all of its future hardware. They had launched their Pre smartphone as an alternative to the iPhone and smartphones that were using the Google Android operating system. However, the operating system was unsuccessful in getting a footing with the retailers and mobile operators.
The ditching of the Pre smartphones and TouchPad tablets comes after HP had paid £727 million last year in purchasing Palm. Rumours seems to suggest that the CEO Leo Apotheker was looking to exit the PC making business and move to producing the profitable software lines.
HP said on the selling of the PC business division, "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.
Published on Friday 19 August 2011 @ 09:21:42 by ANDYW
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