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HP to Sell TippingPoint?

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HP plans to sell TippingPoint ahead of its November 2015 split, Reuters reports, since apparently the security division fails to fit within either consumer or enterprise sides of the company.

HPReportedly private equity firms are already interested in making the acquisition, which sources say is worth around $200-300 million.

TippingPoint has something of a history with acquisitions-- it was bought by 3Com in 2004 before being swallowed by HP in 2010 after 3Com was acquired for $2.7 billion. A security research and network protection specialist, TippingPoint technology is said not be a key part of an HP security strategy focused on more sophisticated segments such as encryption.

In other HP news, an internal memo acquired by Re/code reveals some upcoming changes to company leadership-- current HP imaging and printing senior VP Steve Nigro will run a dedicated 3D printing division within HP Inc, the printers and PC side of the company.

"When we announced our plans to separate, we knew that 3D printing would be a key area of innovation and growth for HP Inc," HP Inc CEO Dion Wesler writes. "Our company is positioned perfectly to take advantage of our sophisticated intellectual property and know-how to transform industries and power the next industrial revolution."

EMEA head Enrique Lores will lead Imaging and Printing. Replacing him is former head of HP Asia-Pacific Japan (APJ) business Nick Lazaridis.

The above mentioned leadership changes should take effect from 1 November 2015.

Go HP Seeks to Sell Cyber Security Unit TippingPoint (Reuters)

Go Ahead of Split, Future HP Inc CEO Weisler Shakes Up Printing Team (Re/code)