HP's split surgeon Bill Veghte splits from HP Bill Veghte, the HP exec who since October has led the company's effort to split into two separate businesses, is parting ways with the firm. "The decision to leave a company and people you are passionate about is never an easy one," Veghte said in a statement. "It has been a privilege working with Meg [Whitman, HP CEO] and a …
Many people have suggested that. However, I still don't see why Microsoft would want to touch that tar baby. MSFT bought Nokia to force their OS into the phone market, but they certainly have no such challenge in the PC space.
To me, it seems more likely that Quanta or Foxconn would pick it up after the stock price falls far enough, just for the brand recognition (since it's their PCs HP rebrands and resells anyway... why not make it official, like HTC has). Other than some ODM that wants to buy the logo... maybe Canon would buy it to reduce competition and prop up prices in the declining inkjet market.
Maybe he just realized that Meg Whitless's decision to separate into two companies
was just an action to make it look like she was doing something useful. She
is destroying the company by laying off all the people with many years of
experience and outsourcing development to India. She doesn't have a clue
how to run an innovative engineering company, or any company for that matter.
It has been the beginning of the end ever since Mark Hurd run the
car into a ditch, and has continued with every change at the head
of the company. None of them has a clue.
HP is history.
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I partially agree; my view is that Meg realised that the turnaround wasn't happening fast enough/at all and that she though separation would provide a distraction to this fact. It certainly wasn't part of her original plan.
I agree about the outsourcing but I don't agree that it's all over for HP. For all its challenges, HP still makes $1bn per quarter net profit. It still sells a LOT of hardware and services to both consumers and enterprise.
The PC bit of HP Inc may very well be bought, and things may be about to get messy for Enterprise Services but HP, in some form, will survive.
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