HP to PC Division: Just Kidding About that Spinoff Thing

October 27th, 2011

HP is keeping their PC division after all:

HP today announced that it has completed its evaluation of strategic alternatives for its 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.”

All I can think of is a certain It’s Always Sunny in Philadelphia episode: there’s so many twists, I can’t keep up.

I’m sure their Personal Systems Group employees are inspired to do their best work for HP now. What a mess.