Technology-Headlines

by George Heymann

HP to keep PC division

by John Roberts

Technology Market

HP has announced that it has completed its evaluation of strategic alternatives for its PC division, Personal Systems Group (PSG), and has decided the unit will remain part of the company.

“HP objectively evaluated the strategic, financial and operational impact of spinning off PSG. It’s clear after our analysis that keeping PSG within HP is right for customers and partners, right for shareholders, and right for employees,” said Meg Whitman, HP president and chief executive officer. “HP is committed to PSG, and together we are stronger.”

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Filed under: General technology, Hardware, Media, Services, , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Microsoft completes purchase of Skype

by Anna Schmidt

Technology Market

Microsoft has closed its acquisition of Skype Global. Negotiations of the definitive agreement under which Microsoft would acquire Skype, an Internet communications company, for $8.5 billion were led by investor group Silver Lake and the transaction was originally announced on May 10, 2011. Boards of directors of both Microsoft and Skype previously approved the acquisition.

Microsoft and Skype will remain focused on their shared goal of connecting all people across all devices and accelerating both companies’ efforts to transform real-time communications for consumers and enterprise customers. The completion of the acquisition also marks the official introduction of Skype as a new business division within Microsoft.

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Filed under: Media, Microsoft, Services, , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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