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HP Inc. to Acquire Poly

Combination accelerates HP’s growth strategy and creates leading portfolio of hybrid work solutions.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

HP Inc. announced a definitive agreement to acquire Poly, a leading global provider of workplace collaboration solutions, in an all-cash transaction for $40 per share, implying a total enterprise value of $3.3 billion, inclusive of Poly’s net debt. The acquisition accelerates HP’s strategy to create a more growth-oriented portfolio, further strengthens its industry opportunity in hybrid work solutions, and positions the company for long-term sustainable growth and value creation. The rise ...

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