Why HP Enterprise Is Ready To Wheel And Deal
HP is splitting into two parts, one for printers and PCs and the
other for all the enterprise products and services it sell. Whitman, who
will lead the HP Enterprise company, said it's set up with $10.5
billion that she intends to use to "get even more aggressive" in
acquiring companies to boost its business.
Whitman is three years into the five-year turnaround plan she has mapped out for HP, and she's ready to start making some big moves. HP has gone from $12 billion in debt three years ago to $5 billion in positive cash on the operating company side, she said. "We're in a much better financial condition than we were three years ago," she said at the event.
Whitman is three years into the five-year turnaround plan she has mapped out for HP, and she's ready to start making some big moves. HP has gone from $12 billion in debt three years ago to $5 billion in positive cash on the operating company side, she said. "We're in a much better financial condition than we were three years ago," she said at the event.
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