HP officially files to spin off its enterprise division
Hewlett-Packard has filed paperwork to register HP Enterprise as an independent company, an official step on the path to splitting itself in two.
The paperwork, called a Form 10, was filed with the U.S. Securities and Exchange Commission Tuesday and provides a look at how the divisions that will make up HP Enterprise performed financially over the past few years.
It shows a business that made a profit of $1.6 billion last year on revenue of $55.1 billion, down from a profit of $2.1 billion on revenue of $57.4 billion in 2013.
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