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Re: joseph pareti post# 136980

Sunday, 10/05/2014 6:57:02 PM

Sunday, October 05, 2014 6:57:02 PM

Post# of 151696
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http://recode.net/2014/10/05/hp-returns-to-breakup-plan-it-shelved-three-years-ago/

HP approached both Lenovo and Dell about the possible sale of its $32 billion (2013 sales) PC operation. In both cases it was rebuffed.

In another case, HP approached two India-based companies, Wipro and Infosys about the possible sale of its $28 billion IT services unit, known as Enterprise Services. Again it was rebuffed.

In a third case, it approached IBM about the sales of its $1.2 billion Business Critical Server business, but was turned down.

...

HP also recently explored a strategic merger with data storage company EMC that would have created a $130 billion technology giant. In contemplating that proposed merger, HP was interested most in VMWare, the cloud software company which EMC controls.

The merger talks failed mainly because EMC wanted a higher valuation than HP was willing to pay. One other reason the talks may have failed was that HP and EMC viewed the declining PC and printer divisions as a drag on the combined operations, sources say.

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