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M&A Deal Summary

HP Acquires Triaton

On April 1, 2004, HP acquired information technology company Triaton from thyssenkrupp for 464M USD

Acquisition Highlights
  • This is HP’s 5th transaction in the Information Technology sector.
  • This is HP’s 15th largest (disclosed) transaction.
  • This is HP’s 2nd transaction in Germany.

M&A Deal Summary
Date 2004-04-01
Target Triaton
Sector Information Technology
Buyer(s) HP
Sellers(s) thyssenkrupp
Deal Type Divestiture
Deal Value 464M USD

Target

Triaton

Krefeld, Germany
Triaton is one of Germany's largest independent IT service providers.

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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 41 of 98
Sector: Information Technology M&A 5 of 18
Type: Divestiture M&A Deals 3 of 7
Country: Germany M&A 2 of 3
Year: 2004 M&A 4 of 5
Size (of disclosed) 15 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-11 TruLogica

Dallas, Texas, United States

TruLogica Inc., a provider of provisioning software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-01 Synstar

Bracknell, United Kingdom

Synstar is a leading independent provider of information technology (IT) services to approximately 1,500 customers across Europe. Synstar has over 2,600 employees and representation in Ireland, Germany, Belgium, Luxembourg, The Netherlands, the UK and Spain. With more than 35 years of experience, Synstar's expertise and capabilities in the area of multi-vendor support and business continuity further strengthen HP's ability to help customers achieve a better return on their IT investments and improve their responsiveness to change.

Buy £163M

Seller(S) 1

SELLER

thyssenkrupp

Essen, Germany
Category Company
Founded 1811
Sector Diversified
Employees101,592
Revenue 35.0B EUR (2024)
DESCRIPTION

thyssenKrupp is a multinational conglomerate corporation operating two divisions Materials and Technologies. The Materials division produces carbon steel, and stainless steel, and as well as produces material services while the Technology Division focuses on elevator, plant and components technology, and marine solutions. thyssenKrupp was founded in 1811 and is based in Essen, Germany.

DEAL STATS #
Overall 1 of 13
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 10
Country: Germany M&A 1 of 8
Year: 2004 M&A 1 of 1
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-11-24 Dover - Elevator Business

New York, United States

Dover Elevator is the elevator division of Dover Corporation.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-07 Standardkessel

Duisburg, Germany

Standardkessel GmbH is an international supplier of services for all aspects of energy and power generation plant: maintenance, upkeep, repair, efficiency enhancement of the boilers as well as maintenance of flue-gas desulphurization units and heat exchangers in conventional power plants.

Buy -
Mergr

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