Hewlett-Packard co is one the companies that shaped silicon valley and the PC revolution. Although recently it has struggled to adapt to the new era of mobile and online computing and has planned to split into two companies so as to focus on the faster-developing corporate services market. Hp will separate its computer and printer businesses from its corporate hardware and services operations and spin the unit off through a tax-free distribution of shares to stockholders. This is a monumental reshaping of the one of the technology’s most important pioneers.

Printers and computers contributed 51 percent of the company’s quarterly revenue, with the rest coming from four businesses that offers various technology services, including consulting, software and financial programs. This is a major decision for HP. Hp ranks third in the market value with $66 billion. Splitting of the company will provide many opportunities for investors to gain profits.

Source: http://economictimes.indiatimes.com/news/international/business/hewlett-packard-to-split-into-two-companies-report/articleshow/44441744.cms