HP kills webOS, confirms PC spin-off plans

HP kills webOS, confirms PC spin-off plans
 
By Agam Shah | Aug 22, 2011

Hewlett-Packard on Thursday said it will discontinue operations for webOS devices, specifically the TouchPad tablets and smartphones. It also confirmed that it is exploring the possible spin-off or sale of its Personal Systems Group (PSG), which dominates the global PC market.
 
The company's board of directors has authorized HP to explore options for the PSG unit. "HP will consider a broad range of options that may include, among others, a full or partial separation of PSG from HP through a spin-off or other transaction," the company said in a statement.
 

Full article => http://www.cw.com.hk/content/hp-kills-webos-confirms-pc-spin-plans