The fate of HP's PSG division has become slightly clearer this morning, after the firm reportedly told partners that it has shelved plans to sell off its PC arm.
According to Softcat's solutions director, Sam Routledge, who is live-tweeting from the hardware giant's Gold Partner event in Cheltenham, HP told delegates this morning that PSG is not for sale.
"Sale of the PSG business is off the table – too costly because of 35% tax. Spin-off or business as usual [are] the remaining options," Routledge told his 517 followers.
"We're told there will be clarity on HP's PSG strategy in the next two months, after the next board meeting," he added.
This news follows on from the declaration made last week by Trevor Evans, HP's channel sales director of PSG UK and Ireland, that a spin-off is looking like the preferred option for PSG. He then went on to add that a final decision will be made about its fate by the end of the year.
Alex Tatham, commercial director at HP distributor Westcoast, added that a spin-off is now widely regarded as HP's favoured option.
"There is still a degree of uncertainty out there but we are just getting on with it," he said. "I'm sure PSG will announce some good offers in the coming weeks as it gets back on the front foot."
HP was unavailable for comment at the time of writing.
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