Why did HP split into two companies?
Similarly one may ask, when did HP Split Into 2 Companies?
The Hewlett-Packard split On November 2, 2015, Hewlett-Packard split into HP Inc. (HPQ) and Hewlett Packard Enterprise (HPE). Shares of the two independent entities started trading on the New York Stock Exchange on November 2, 2015. On the first day of trading, the companies' shares moved in opposite directions.
Furthermore, why did HP and HPE split? HPE is further splitting itself by spinning out both their Software and Enterp HP split into HP Inc. (PC's and Printers) and HPE (Servers, Storage, Networking, and Enterprise Services) in 2015 so both of the newly formed companies could have greater focus on their respective businesses.
Also, why do companies split into two?
A company can split up for many reasons, but it typically happens for strategic reasons or because the government mandates it. It can be much more beneficial to shareholders to split up the company so that each segment can be managed independently to maximize profits.
When did HP split into HPE and HPI?