The formation of HP Tech Ventures formalises the split between HP and Hewlett Packard Enterprise's corporate venturing activities.
US-based home computing equipment manufacturer HP yesterday launched a corporate venturing arm named HP Tech Ventures.
HP Tech Ventures is essentially a descendant of Hewlett Packard Ventures, the unit formed by computing company Hewlett-Packard in 2014.
The firm split into two entities in November 2015 – HP and the business-focused Hewlett Packard Enterprise – and HP Tech Ventures represents HP’s own strategic investment subsidiary, whereas Hewlett Packard Ventures continues to invest in areas relevant to HPE.
The unit will invest…
