HP to keep PC division

Multinational information technology corporation Hewlett-Packard has decided not to spin off its personal computer (PC) division amid a slowdown in that division's growth. The decision came two months after HP killed off its "TouchPad" WebOS tablet and said it was considering spinning off the PC division. "HP objectively evaluated the strategic, financial and operational impact of spinning off (Personal Systems Group). It’s clear after our analysis that keeping PSG within HP is right for customers and partners, right for shareholders, and right for employees," new HP CEO Meg Whitman said in a statement, tech site Mashable reported. She added HP is "committed to PSG, and together we are stronger." Turnaround decision “As part of HP, PSG will continue to give customers and partners the advantages of product innovation and global scale across the industry’s broadest portfolio of PCs, workstations and more. We intend to make the leading PC business in the world even better," said Todd Bradley, HP PSG's executive vice president. Last August, then-CEO Leo Apotheker announced he was killing the TouchPad, and said he was “considering" spinning off the PC division over slow growth. At the time, Apotheker intended to take HP in the direction of his former company SAP, by providing more business services. He was ousted in a board coup a month later, and replaced with Whitman - HP’s third CEO switch within one year. While Whitman initially said she was still exploring the sale of the PC division, calls to keep the division mounted. Mashable noted HP still gained market share against top rivals Lenovo and Dell. Decision process Mashable quoted HP PR manager of social media strategy Mark Budgell as saying "thousands of hours" were spent studying how extracting the PC business would impact everything from supply chain to product development and brand image." “Our leadership teams were locked in boardrooms late into many evenings. You could tell from the tired-but-determined look on their faces, and their coffee consumption, that no one was taking it lightly," Mashable quoted him as saying. — TJD, GMA News