HP to separate into two new public companies

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Break Up at Hewlett-Packard

Hewlett-Packard announced it will split its computer and printing business from its enterprise business, which includes software and data storage.

Two separate publicly traded companies will be created.

The PC and printer business will use the name HP Inc., with Dion Weisler as chief executive officer and the services business will be called Hewlett-Packard Enterprise with Meg Whitman as president and CEO.