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HP CEO Enrique Lores told analysts that his company’s $3.3 billion acquisition of Poly creates a “more growth-oriented portfolio” that will drive “significant” returns for shareholders.
HP is acquiring the Santa Cruz, Calif.-based collaboration solutions manufacturer Poly in an all-cash deal worth $3.3 billion in a bid to further develop the company’s hybrid work and collaboration ...
HP estimates that the acquisition Poly will add $500 million to its annual revenues by its 2025 fiscal year. HP plans to achieve this revenue growth by cross-selling Poly products to its customers.
(Bloomberg) -- HP Inc. has agreed to buy Poly, formerly known as Plantronics Inc., in a $3.3 billion deal that will help the laptop-maker further capitalize on the pivot to hybrid work.Most Read ...
HP is hoping to change the post-pandemic hybrid work landscape with its $3.3 billion acquisition of Poly, a $1.7 billion global provider of videoconferencing and audio peripheral solutions.
PC and printer giant HP announced today (28 March) that the agreed acquisition deal is $40 per share, which implies a total enterprise value of $3.3bn, including Poly’s net debts.
HP has agreed to buy Poly, a global provider of workplace collaboration solutions, in an all-cash transaction valued at $3.3 billion, including debt. (Sign up to our Technology newsletter, Today ...
Plantronics' (now Poly's) long independent streak is coming to an end. Reuters reports HP is acquiring Poly in an all-cash deal worth $3.3 billion including debt.
Plantronics, Inc. POLY has announced a deal under which it will be acquired by HP Inc. HPQ for $40 per share in cash, representing a total enterprise value of $3.3 billion.In response to the news ...
If approved, the all-cash transaction at $40 per share would see HP acquire Poly for $1.7bn though the deal itself is valued at $3.3bn as it also includes Poly's net debt.
Combination accelerates HP’s growth strategy and creates leading portfolio of hybrid work solutionsPALO ALTO, Calif. and SANTA CRUZ, Calif., March 28, 2022 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ ...
HP Inc. announced a definitive agreement on March 28, 2022, to acquire Poly, a leading global provider of workplace collaboration solutions, in an all-cash transaction for $40 per share, implying a ...