(Bloomberg) -- Meg Whitman is taking further steps to unwind the collection of computer assets she inherited when she took the helm of Hewlett-Packard Co. in 2011, keeping up her efforts to slim down the Silicon Valley giant into a more nimble company.
Hewlett Packard Enterprise Co. will spin off and merge its enterprise-services division with Computer Sciences Corp. in a deal valued at $8.5 billion for HP Enterprise shareholders. The plan is the latest in Whitman’s drive to focus the company, which sells corporate computers and software, on the most promising and faster-growing businesses while hiving off billions in acquisitions and assets, including some built up by her predecessors.
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