HP - M&A Summary and Business Overview

Technology HardwareCompany

HP M&A Summary

HP has acquired 102 companies, including 7 in the last 5 years. A total of 21 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 21 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 53,559M USD for 2024 and 53,718M USD for 2023.

How many employees does HP have?

HP has 58,000 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 Activity112
    • M&A Buy Activity98
    • M&A Sell Activity14
  • Total Sectors Invested 15
  • Total Countries Invested 13
  • M&A Buy/Sell Connections 40
  • M&A Advisors 12

HP

HP, Inc.

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

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.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (1.4/yr) # 91 2 2 - 2 1 98
vol $73.3B $425M $3.3B $116M $77.1B
Sell (0.0/yr) # 14 - - - - - 14
vol $404M $404M
  112

Most Recent M&A

Company Date Value Type
Humane, Inc. 2025-02-18 116M USD Add-on Acquisition
San Francisco, California · www.humane.com
Vyopta, Inc. 2024-09-25 - Add-on Acquisition
Austin, Texas · www.vyopta.com
CyberCore Technologies LLC 2024-06-04 - Add-on Acquisition
Elkridge, Maryland · www.cybercoretech.com
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
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 37 (38%) 12.6B (16%) - -
Technology Hardware 23 (23%) 37.1B (48%) 1 (7%) -
Information Technology 18 (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 98 $77.1B 14 $404M

By Geo

State/Country Buy Value Sell Value
United States 78 62.9B 13 404M
  California 26 18.2B 4 315M
  Texas 9 39.1B 2 -
  Massachusetts 8 3.1B 1 -
  Washington 4 170M 1 -
  Colorado 3 360M - -
  Pennsylvania 3 239M - -
  Georgia 3 230M - -
  New York 2 1.2B 1 -
  New Hampshire 2 - 1 -
  New Jersey 2 369M - -
  Utah 1 - 1 -
  North Carolina 1 - 1 -
  Florida 1 - - -
  Connecticut 1 - - -
  Oregon 1 - - -
  Minnesota 1 - - -
  Michigan 1 - - -
  Maryland 1 - - -
  Kentucky 1 - - -
  Illinois 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 78 (80%) 62.9B (82%) 13 (93%) 404M (100%)
Cross-border 20 (20%) 14.2B (18%) 1 (7%) -
Total 98 $77.1B 14 $404M

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
3
Lehman Brothers
2
GTK Partners
1
Legal Deals
Cleary Gottlieb Steen & Hamilton
1
Bell Gully
1
Gibson, Dunn & Crutcher
1

Deal Values

buy # Total
> $1B 13 $72.7B
$100M to $1B 14 $4.2B
< $100M 6 $240M
TOTAL $77.1B
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%
17 (17%)
Strategic(s)
8%
8 (8%)
Divested to
Investor(s)
14%
2 (14%)
Strategic(s)
64%
9 (64%)

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