Announced

HP to acquire Teradici.

Synopsis

Hewlett-Packard agreed to acquire Teradici, a privately held software company. The transaction is expected to close in calendar Q4 2021, pending regulatory review and other customary closing conditions. Financial terms were not disclosed. “Their world-class talent, industry-leading IP, and strong integrations with all major public cloud providers will expand our addressable market, and meet growing customer needs for more mobile, flexible, and secure computing solutions. We look forward to welcoming the Teradici team to HP,” Alex Cho, HP Personal Systems President.

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