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PALO ALTO, Calif. and SANTA CRUZ, Calif., March 28, 2022 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today announced a definitive agreement to acquire Poly (NYSE: POLY), a leading global provider of ...
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 Inc. today announced that it’s acquiring Poly, a major maker of business headsets and conference phones, in a $3.3 billion all-cash transaction. The $3.3 billion price tag represents a more ...
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 ...
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 ...
PALO ALTO, Calif., Aug. 29, 2022 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today announced the completion of its acquisition of Poly, a leading global provider of workplace collaboration solutions ...
Palo Alto, Calif.-based HP Inc. today announced the completion of its acquisition of Santa Cruz, Calif-based Poly. The latter is, of course, a prominent global provider of workplace collaboration ...
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.
Poly POLY has secured shareholders’ approval for its proposed merger with HP Inc. HPQ, paving the way for the likely closure of the deal by the end of 2022, subject to the fulfillment of ...
After closing the deal, HP expects to generate $500 million in revenue and increase Poly's revenue growth to an approximately 15-percent CAGR (compound annual growth rate) in the first three years.
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.
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.
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