Hewlett-Packard PC Division Likely To Be Spun Off

The head of Hewlett-Packard’s personal computer division has claimed that the division will retain the title of world’s largest PC maker - even after a spin-off.

According to an article on Reuters, Todd Bradley, the head of HP’s PC division, said that a spin-off will derive the best value for shareholders.

“A standalone company could and will do what's most required to drive value for shareholders and partners,” he said.

HP had sent shockwaves through industry when it announced plans to spin-off its PC division. The company also announced that it will pull the plug on its webOS division.

Earlier, it was rumored that Samsung considered acquiring HP’s PC division, but it was later revealed that the company is more interested in webOS.

Bradley said that selling the business to smaller competitors like Acer and Lenovo was not a good idea as it wouldn't be a good match. “I would just say that the numbers don't support that strategy,” he said.

“Regardless of what happens, we're the largest PC company in the world. We need everybody energized, and while this isn't business as usual, we need people to go out and sell products every day,” he said.