No week in the tech industry is complete if the rumor mill isn't churning out speculation surrounding potential acquisitions, new products or leadership changes among some of the industry’s most iconic organizations.
Lo and behold the latest: Hewlett-Packard’s (News - Alert) Cloud Services lead is reportedly leaving the company. Roger Levy, the group’s vice president for technology and customer relations, is allegedly set to replace Zorawar “Biri” Singh, senior vice president and general manager for Cloud Services, on an interim basis.
This shakeup at HP muddies the already murky waters as to the status of the company’s cloud strategy. The departure was confirmed by an HP spokesman, according to reports, who issued the following statement:
“HP remains committed to our Converged Cloud portfolio. In particular, HP Cloud Services is critical to HP’s efforts to deliver superior public cloud infrastructure, services and solutions to our customers. Roger Levy, vice president, Technology and Customer Operations of HP Cloud Services, will serve as the interim leader for HP Cloud Services. The company thanks Zorawar ‘Biri’ Singh for his passion and commitment to drive our public cloud vision and wish him well.”
Recent reports have suggested HP is looking to potentially sell off some underperforming divisions is so unusual in its own right.
HP recently made a 10-K filing with the United States Securities and Exchange Commission, which contained within in a mention of plans to consider “the potential disposition of assets and businesses that may no longer help us meet our objectives.”
This leads analysts to believe HP plans to sell off chunks of the business about as clear as can be, short of an official announcement that it’s planning to sell off chunks of the business.
In November, HP announced it will incur a $5-billion charge, which it blames on what it says are a raft of improprieties, misrepresentation and disclosure failures at software firm Autonomy (News - Alert), which the tech giant acquired in October 2011 for $11.1 billion.
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