Announced
Financials
Sources
Tags
United States
Software
Acquisition
software solutions
Private
Single Bidder
Pending
Friendly
Majority
Domestic
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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