HP’s PSG to be a Spin-Off
The days of ambiguity regarding HP’s PSG are now more clear with the above image. The $40 billion dollar a year sector is being shed and sources are indicating PSG’s Executive Vice President Todd Bradley will be continuing to head up the company in its transition. Mr. Bradley was interviewed by Reuters this week and noted he had no intentions of leaving and intended to spearhead this spin off.
HP also stated the idea behind the image is to make the spin-off a $40 billion dollar company which would be able to react like a startup (i.e. agile, quick, freedom). Being able to react quickly could result in faster “to market” times with less corporate bureaucracy. So if webOS hardware were produced by this new organization it may be able to release products in a timely matter, instead of 6 months or longer.
This, of course, is not set in stone. HP has officially stated their preference is for spinning off the company. It seems being ambiguous is a hard habit for HP to break.
[Sources: PC Mag, TheNextBench]





















