Slimming down HP Enterprise and unwinding 'IT supermarket'
Whitman focusing company on most promising and faster-growing businesses amid new cloud competition
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MEG Whitman is taking further steps to unwind the collection of computer assets she inherited when she took the helm of Hewlett-Packard Co in 2011, keeping up her efforts to slim down the Silicon Valley giant into a more nimble company.
Hewlett Packard Enterprise Co will spin off and merge its enterprise services division with Computer Sciences Corp (CSC) in a deal valued at US$8.5 billion for HP Enterprise shareholders. The plan is the latest in Ms Whitman's drive to focus the company (which sells corporate computers and software) on the most promising and faster-growing businesses while hiving off billions in acquisitions and assets, including some built up by her predecessors.
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