Information technology company HP announced plans to buy Poly for $3.3 billion, including the latter’s debt. The deal’s terms offer to pay $40 per share for Poly’s…
In brief: In a world where hybrid work is becoming more popular, HP thought it would be a good idea to start expanding its portfolio in this segment. However, instead of designing new products, the PC company plans to acquire the hybrid-work solution provider Poly, once known as Plantronics. Information technology company HP announced plans to buy Poly for $3.3 billion, including the latter’s debt. The deal’s terms offer to pay $40 per share for Poly’s entire IP portfolio of hybrid work solutions, including its latest webcams, video conferencing monitors, and services. The deal is based on the increasing popularity of hybrid work environments worldwide.
