M&A Deal Summary

HP Acquires Apollo Computer

On April 13, 1989, HP acquired technology hardware company Apollo Computer

Acquisition Highlights
  • This is HP’s 2nd transaction in the Technology Hardware sector.
  • This is HP’s 2nd transaction in the United States.
  • This is HP’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 1989-04-13
Target Apollo Computer
Sector Technology Hardware
Buyer(s) HP
Deal Type Add-on Acquisition

Target

Apollo Computer

Chelmsford, Massachusetts, United States
Apollo Computer, Inc. provides technology hardware services.

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Buyer(S) 1

Buyer

HP

Palo Alto, California, United States
Category Company
Founded 1939
Sector Technology Hardware
Employees58,000
Revenue 53.7B USD (2023)
DESCRIPTION
HP's corporate headquarters in Palo Alto, California.
HP's corporate headquarters in Palo Alto, California.

HP is the hardware successor to Hewlett-Packard Company. HP focuses on providing hardware, printers, and personal computing products. HP was founded in 1939 and is based in Palo Alto, California.

DEAL STATS #
Overall 2 of 96
Sector (Technology Hardware) 2 of 22
Type (Add-on Acquisition) 2 of 87
State (Massachusetts) 1 of 8
Country (United States) 2 of 76
Year (1989) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1989-01-13 Eon Systems

Clearwater, Florida, United States

Eon Systems, Inc.manufactures LanProbe an intelligent local network management system that continuously monitors any vendor's equipment installed on ethernets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1991-01-28 Applied Optoelectronic Tech

United States

Applied Optoelectronic Tech manufactures Automatic test equipments.

Buy -
Mergr

Product

Company

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