HP Mergers and Acquisitions Summary

Technology HardwareCompany

HP has acquired 97 companies, including 5 in the last 5 years. A total of 20 acquisitions came from private equity firms. It has also divested 14 assets.

HP’s largest acquisition to date was in 2002, when it acquired Compaq Computer for $25.0B. It’s largest disclosed sale occurred in 2016, when it sold HP - Customer Communications Management Assets to OpenText for $315M. HP has acquired in 20 different US states, and 13 countries. The Company’s most targeted sectors include software (39%) and technology hardware (23%).

Join Mergr and gain access to HP’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the technology hardware sector.

M&A Summary

  • M&A Total Activity107
    • M&A Buy Activity93
    • M&A Sell Activity14
  • Total Sectors Invested 14
  • Total Countries Invested 13
  • M&A Buy/Sell Connections 39
  • M&A Advisors 11

HP

HP Inc.

1501 Page Mill Road,
Palo Alto, California 94304
United States,
(650) 857-1501
www.hp.com

HP is the hardware successor to Hewlett-Packard Company. The Group focuses on providing hardware, printers, and personal computing products. The original Hewlett-Packard Co. dates back to 1939 and the new entity was formed in November 2015. HP was founded in 1939 and is based in Palo Alto, California.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (0.8/yr) # 89 - 1 1 - 2 93
vol $72.7B $585M $425M $73.7B
Sell (0.0/yr) # 14 - - - - - 14
vol $404M $404M
  107

Most Recent M&A

Company Date Value Type
Teradici Corp. 2021-07-27 - Add-on Acquisition
Burnaby, British Columbia · www.teradici.com
HyperX 2021-02-24 425M USD Divestiture
Fountain Valley, California · www.hyperxgaming.com
Bromium Inc. 2019-09-19 - Add-on Acquisition
Cupertino, California · www.bromium.com
Apogee Corporation Ltd. 2018-08-01 585M GBP Add-on Acquisition
Maidstone, United Kingdom · www.apogeecorp.com
Samsung Electronics Co., Ltd. - Printer Business 2016-09-12 1.1B USD Divestiture
Seoul, South Korea · www.samsungprintingsolutions.com
HP, Inc. - Customer Communications Management Assets 2016-06-20 315M USD Divestiture
, California
Hewlett Packard Enterprise Co. 2015-11-01 - Spin Off
Houston, Texas · www.hpe.com
ConteXtream 2015-05-26 - Add-on Acquisition
Mountain View, California · www.contextream.com
Snapfish 2015-04-21 - Add-on Acquisition
San Francisco, California · www.snapfish.com
Aruba Networks, Inc. 2015-03-02 2.7B USD Add-on Acquisition
Sunnyvale, California · www.arubanetworks.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Snapfish    - Motionbox - Video Platform Technology 2010-07-20 2
San Francisco, California · www.snapfish.com , United States
Autonomy Corp. plc    - Zantaz, Inc. 2007-07-03 3
Cambridge, United Kingdom · www.autonomy.com Pleasanton, California · www.zantaz.com

M&A by Sector

Sector Buy # Value Sell # Value
Software 36 (39%) 12.6B (17%) - -
Technology Hardware 21 (23%) 33.7B (46%) 1 (7%) -
Information Technology 17 (18%) 27.0B (37%) 4 (29%) 89M (22%)
Internet Software and Services 7 (8%) - 4 (29%) -
Business Services 3 (3%) - 1 (7%) -
Medical Products 1 (1%) 140M (< 1%) 1 (7%) -
Test/Measurement Equipment 1 (1%) - 1 (7%) -
Construction 1 (1%) - - -
Healthcare Services 1 (1%) - - -
Machinery 1 (1%) - - -
Manufacturing 1 (1%) - - -
Marketing 1 (1%) 230M (< 1%) - -
Publishing 1 (1%) 118M (< 1%) - -
Staffing 1 (1%) - - -
Communications - - 1 (7%) 315M (78%)
Semiconductors - - 1 (7%) -
Total 93 $73.7B 14 $404M

By Geo

State/Country Buy Value Sell Value
United States 74 59.4B 13 404M
  California 25 16.0B 5 315M
  Texas 8 39.1B 2 -
  Massachusetts 8 3.1B 1 -
  Washington 4 170M 1 -
  Georgia 3 230M - -
  Colorado 3 360M - -
  Pennsylvania 3 239M - -
  New Hampshire 2 - 1 -
  New Jersey 2 369M - -
  Utah 1 - 1 -
  North Carolina 1 - 1 -
  Kentucky 1 - - -
  Illinois 1 - - -
  Florida 1 - - -
  Connecticut 1 - - -
  Oregon 1 - - -
  New York 1 - - -
  Minnesota 1 - - -
  Michigan 1 - - -
United Kingdom 4 12.5B - -
Canada 3 - - -
  Ontario 1 - - -
  British Columbia 1 - - -
  Alberta 1 - - -
Germany 3 464M - -
Australia 1 78M - -
Bahrain 1 - - -
France - - 1 -
Ireland 1 - - -
Israel 1 118M - -
New Zealand 1 - - -
Singapore 1 - - -
South Korea 1 1.1B - -
Sweden 1 - - -
Switzerland 1 - - -
Domestic 74 (80%) 59.4B (81%) 13 (93%) 404M (100%)
Cross-border 19 (20%) 14.2B (19%) 1 (7%) -
Total 93 $73.7B 14 $404M

Top M&A Advisors

Financial Deals
J.P. Morgan Securities LLC
3
Lehman Brothers, Inc.
2
Barclays Investment Bank
1
Legal Deals
Wilson Sonsini Goodrich & Rosati
1
Drinker Biddle & Reath LLP
1
Freshfields Bruckhaus Deringer LLP
1

Deal Values

buy # Total
> $1B 12 $69.4B
$100M to $1B 13 $4.1B
< $100M 6 $240M
TOTAL $73.7B
Largest Compaq Computer Corp.
$25.0B (2002-05-03)
sell # Total
$100M to $1B 1 $315M
< $100M 1 $89M
TOTAL $404M
Largest HP, Inc. - Customer Communications Management Assets
$315M (2016-06-20)

M&A Connections

Deals
Acquired from
Investor(s)
17%
16 (17%)
Strategic(s)
9%
8 (9%)
Divested to
Investor(s)
14%
2 (14%)
Strategic(s)
64%
9 (64%)

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