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Meg Whitman
In HP split, each unit to face a test
In HP split, each unit to face a test

If you cut one slow-moving mega-company in half, do you get two fast-moving innovators? Not even Meg Whitman, chief executive of Hewlett-Packard Co., is promising that. Whitman announced Monday that the computer industry giant will cleave itself in two: one company for its personal computer and printer business, another for its "enterprise" computing operations. The split will provide each new company with "the independence, focus, financial resources and flexibility" they need to compete for customers and generate long-term shareholder value, Whitman said in a prepared statement. The reaction from industry analysts was more like a golf clap than the standing...

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