HP - M&A Summary and Business Overview

Technology HardwareCompany

HP M&A Summary

HP has acquired 99 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 (38%) and technology hardware (24%).

HP Business Overview

Where is HP headquartered?

HP is headquartered in Palo Alto, California.

What is HP’s revenue?

HP disclosed revenue of 62,983M USD for 2022 and 63,487M USD for 2021.

How many employees does HP have?

HP has 51,000 employees.

What sector is HP in?

HP is a technology hardware company.

When was HP founded?

HP was founded in 1939.

M&A Summary

  • M&A Total Activity109
    • M&A Buy Activity95
    • M&A Sell Activity14
  • Total Sectors Invested 15
  • 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 ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 91 - 2 2 - - 95
vol $73.3B $425M $3.3B $77.0B
Sell (0.0/yr) # 14 - - - - - 14
vol $404M $404M
  109

Most Recent M&A

Company Date Value Type
Plantronics, Inc. 2022-03-28 3.3B USD Add-on Acquisition
Santa Cruz, California · www.poly.com
Choose Packaging 2022-02-02 - Add-on Acquisition
Edinburgh, United Kingdom · www.choosepackaging.co.uk
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
Spring, Texas · www.hpe.com
ConteXtream 2015-05-26 - Add-on Acquisition
Mountain View, California · www.contextream.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 (38%) 12.6B (16%) - -
Technology Hardware 22 (23%) 37.0B (48%) 1 (7%) -
Information Technology 17 (18%) 27.0B (35%) 4 (29%) 89M (22%)
Internet Software and Services 7 (7%) - 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%) - -
Packaging 1 (1%) - - -
Publishing 1 (1%) 118M (< 1%) - -
Staffing 1 (1%) - - -
Communications - - 1 (7%) 315M (78%)
Semiconductors - - 1 (7%) -
Total 95 $77.0B 14 $404M

By Geo

State/Country Buy Value Sell Value
United States 75 62.7B 13 404M
  California 26 19.3B 5 315M
  Texas 8 39.1B 2 -
  Massachusetts 8 3.1B 1 -
  Washington 4 170M 1 -
  Pennsylvania 3 239M - -
  Georgia 3 230M - -
  Colorado 3 360M - -
  New Hampshire 2 - 1 -
  New Jersey 2 369M - -
  Utah 1 - 1 -
  North Carolina 1 - 1 -
  Oregon 1 - - -
  New York 1 - - -
  Minnesota 1 - - -
  Michigan 1 - - -
  Kentucky 1 - - -
  Illinois 1 - - -
  Florida 1 - - -
  Connecticut 1 - - -
United Kingdom 5 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 75 (79%) 62.7B (81%) 13 (93%) 404M (100%)
Cross-border 20 (21%) 14.2B (19%) 1 (7%) -
Total 95 $77.0B 14 $404M

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
3
Lehman Brothers, Inc.
2
Morgan Stanley
1
Legal Deals
Wilson Sonsini Goodrich & Rosati
1
Drinker Biddle & Reath LLP
1
Freshfields
1

Deal Values

buy # Total
> $1B 13 $72.7B
$100M to $1B 13 $4.1B
< $100M 6 $240M
TOTAL $77.0B
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)
8%
8 (8%)
Divested to
Investor(s)
14%
2 (14%)
Strategic(s)
64%
9 (64%)

 Subscribe to unlock this and 203,600
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 195K M&A Transactions
  • 199K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 76K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.