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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| HP Inc | NYSE:HPQ | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.155 | 0.55% | 28.335 | 28.38 | 28.22 | 28.33 | 894,637 | 16:58:37 |
From May 2019 to May 2024
Hewlett-Packard Co. agreed to buy Aruba Networks Inc. for about $2.7 billion in an all-cash deal aimed at bolstering the tech company's wireless networking operations.
Aruba--based in Sunnyvale, Calif.--had revenues of $729 million last year, and it has reported compound annual revenue growth of 30% over the past five years, Hewlett-Packard said.
The deal values Aruba at $24.67 share, or about $3.0 billion, including cash and debt. Both companies' boards of directors have approved the deal.
Write to Tess Stynes at tess.stynes@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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