HP set to acquire Poly for $3.3 billion

Windows Central

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Dec 17, 2013
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$3.3 billion in futureproofing efforts.
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[h=2]What you need to know[/h]
  • HP has committed to buy Poly for $3.3 billion.
  • Poly focuses on communications solutions and tech, making the company a particularly valuable asset in the modern-day work world.
  • HP cites this emphasis on hybrid-friendly technology as a reason for the acquisition.
The triangle of consumer computing giants known as Dell, Lenovo, and HP just experienced another jolt of activity thanks to HP's $3.3 billion acquisition of Poly. The company will acquire Poly at $40 per share with the deal's total value including the acquiree's net debt.

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