HP plans PC exit, Autonomy buy
19 August 2011 07:10 am
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NEW YORK - Hewlett-Packard said on Thursday it is considering a sale or spinoff of its personal computer unit, will halt production of its webOS devices such as the TouchPad, and agreed to buy British software firm Autonomy Corp for $10.2 billion
At the same time, it reported fiscal third-quarter earnings earlier than expected, and lowered its full-year financial forecasts. (Reuters)