(Telecompaper) HP's board of directors have approved the previously announced separation of the company into two independent, industry-leading companies: Hewlett Packard Enterprise and HP Inc. The separation is expected to completed on 1 November. HP said Hewlett Packard Enterprise will provide systems needed by enterprises to optimise their traditional IT while helping to build a secure, cloud-enabled, mobile-ready future. Specifically, the company will include HP's best-in-class portfolio across its Enterprise Group, Enterprise Services, Software and Financial Services businesses. HP Inc will own and operate HP's market leading printing and personal systems businesses. The company will have a broad portfolio and a strong innovation pipeline across areas such as multi-function printing, Ink in the Office, graphics, commercial mobility, and services.