HP Is Going To Keep Its PC Business

Back in the middle of August HP said they would be selling their PC business and also discontinuing operations for their webOS devices and exploring what to do with their webOS software stack. Today Hewlett-Packard has announced they will actually be keeping their PC business.

Shortly after HP's surprising August announcement they tapped Meg Whitman as a new CEO and then after evaluating what to do with their Personal Systems Group (PSG), which includes their PC business, they have decided to not sell this divison. HP concluded that HP and its Personal Systems Group will "deliver greater customer and shareholder vlaue." Meg reaffirms her commitment to PSG and they won't be selling it off or spinning it off into a separate entity.

HP didn't comment on the webOS situation in today's press release.