M&A Deal Summary

HP Acquires PipeBeach AB

On July 23, 2003, HP acquired technology hardware company PipeBeach AB

Acquisition Highlights
  • This is HP’s 12th transaction in the Technology Hardware sector.
  • This is HP’s 1st transaction in Sweden.

M&A Deal Summary

Date 2003-07-23
Target PipeBeach AB
Sector Technology Hardware
Buyer(s) HP
Deal Type Add-on Acquisition

Target

PipeBeach AB

Stockholm, Sweden
PipeBeach products enable users to speak into their mobile phones and devices to obtain Web-based information such as news, stock prices and e-mail, as well as conduct transactions, such as online banking.

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Buyer(S) 1

Buyer

HP

Palo Alto, California, United States

Category Company
Founded 1939
Sector Technology Hardware
Employees58,000
Revenue 53.6B USD (2024)
DESCRIPTION
HP's corporate headquarters in Palo Alto, California.
HP's corporate headquarters in Palo Alto, California.

HP is a technology company that focuses on providing hardware, printers, and personal computing products. HP was founded in 1939 and is based in Palo Alto, California.


DEAL STATS #
Overall 33 of 98
Sector: Technology Hardware M&A 12 of 23
Type: Add-on Acquisition M&A Deals 31 of 89
Country: Sweden M&A 1 of 1
Year: 2003 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-03 Compaq Computer

Houston, Texas, United States

Compaq Computer Corporation is a provider of enterprise technology and solutions. Compaq designs, develops, manufactures and markets hardware, software, solutions and services, including enterprise storage and computing solutions, fault-tolerant business-critical solutions, communication products, and desktop and portable personal computers that are sold in more than 200 countries.

Buy $25.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-08-13 Extreme Logic

Atlanta, Georgia, United States

Extreme Logic is a leader in the architecture and implementation of business solutions based on Microsoft® .NET and delivers business value through a combination of deep technology expertise and result-oriented business process consulting.

Buy -