A new spin-off of the tech giant Hewlett-Packard is in the offing.
Last year, the company completed a separation of its personal computer and printer businesses from its corporate-focused products and services. The latter took the name Hewlett-Packard Enterprise. Now HP Enterprise is selling off its business focusing on call centers and maintaining networks for clients.
The all-stock deal with the Computer Sciences Corporation will create a new, as yet unnamed, company worth roughly $9 billion.