hive off

US /haɪv ɔf/
UK /haɪv ɔf/
"hive off" picture
1.

to separate a part of a company or organization from the main body to form a new, independent company

:
•
The company decided to hive off its software division.
•
They plan to hive off the unprofitable parts of the business.
:
spin offcarve outde-mergedivest
:
hivehivesa hive of activityoffoff and onswitch offtake off