Tuesday, March 20, 2012

Reuters: Technology News: HP to merge printer, PC arms in revamp: sources

Reuters: Technology News
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HP to merge printer, PC arms in revamp: sources
Mar 20th 2012, 18:11

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A HP Invent logo is pictured in front of Hewlett-Packard international offices in Meyrin near Geneva August 4, 2009. REUTERS/Denis Balibouse

A HP Invent logo is pictured in front of Hewlett-Packard international offices in Meyrin near Geneva August 4, 2009.

Credit: Reuters/Denis Balibouse

SAN FRANCISCO | Tue Mar 20, 2012 1:48pm EDT

SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to combine its personal computer and printing divisions in a major internal overhaul, a source familiar with the move told Reuters, merging two divisions with clear synergies.

A reorganization will see Vyomesh Joshi, head of the company's printing business, step down, the source said on condition of anonymity because the information was not yet public. Todd Bradley now heads up the PC division.

HP, which considered but abandoned a proposal to sell or spin off its sprawling PC business, may announce the move on Tuesday, according to tech blog AllThingsDigital, which first reported the news.

The company declined to comment on the report.

(Reporting By Poornima Gupta; Editing by Phil Berlowitz)

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