Hewlett-Packard Co. (HPQ), the world’s largest computer maker, is planning to announce the acquisition of Autonomy Corp. for about $10 billion and the spinoff of its personal-computer business, said people familiar with the company’s plans.
The company may announce its plans as early as today, said the people, who asked not to be identified because the plans aren’t yet public. Hewlett-Packard, based in Palo Alto, California, is scheduled to report quarterly earnings today after markets close.
Courtesy of Bloomberg News
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply