• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Kube Suite - TL
Home News Tech

HP To Buy Audio And Video Maker For $1.7 Billion In Anticipation Of Hybrid Future

The computer hardware company will buy Poly for $1.7 billion in cash, marking a significant shift in how electronics firms are approaching the future of work.

Aayat AlibyAayat Ali
March 28, 2022
in Tech
Reading Time: 1 min read
A A
HP To Buy Audio And Video Maker

More stories for you

Legal Complaints Claim Amazon’s AI-Based Accommodation Denials And RTO Rules Violate Disability Rights

Legal Complaints Claim Amazon’s AI-Based Accommodation Denials And RTO Rules Violate Disability Rights

19 hours ago
Blue-Collar Workers Lean On AI As Crumbling Skilled Trades Workforce Struggles To Keep Work Moving

Blue-Collar Workers Lean On AI As Crumbling Skilled Trades Workforce Struggles To Keep Work Moving

1 day ago
Inside Ivanti’s AI Strategy To Future-Proof Customer Support Jobs

Inside Ivanti’s AI Strategy To Future-Proof Customer Support Jobs

1 day ago
Why Full Occupancy Is No Longer A Flexible Workspace Bragging Point

Why Full Occupancy Is No Longer A Flexible Workspace Bragging Point

2 days ago

HP has announced that it will acquire Poly, an audio and video devices manufacturer, as it works to optimize on the popularity of hybrid work. 

The computer hardware company will buy Poly for $1.7 billion in cash, marking a significant shift in how electronics firms are approaching the future of work. 

Advertisements
Maximize Flexible Space Revenue

The demand for hybrid working tools has grown tenfold in the last several months, leading the market to see multiple acquisitions and mergers. For instance, Salesforce purchased messaging app Slack last year for $27.7 billion. 

HP has offered $40 per share of Poly, around 53% of the stock’s most recent closing price. Accounting for debt, the total deal valuation sits at around $3.3 billion. 

Advertisements
Maximize Flexible Space Revenue

Through this new deal, HP hopes that it can position itself for sustainable growth, a necessary trajectory after its shares fell 1.4% in premarket trade. The transaction is anticipated to be completed by the end of the year. 

“The rise of the hybrid office creates a once-in-a-generation opportunity to redefine the way work gets done,” said Enrique Lores, CEO of HP. 

Source: Reuters
Tags: FUTURE OF WORK®Hybrid WorkTechnology
Share5Tweet3Share1
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

Other Stories Recommended For You

Legal Complaints Claim Amazon’s AI-Based Accommodation Denials And RTO Rules Violate Disability Rights
News

Legal Complaints Claim Amazon’s AI-Based Accommodation Denials And RTO Rules Violate Disability Rights

byAllwork.Space News Team
19 hours ago

Amazon is facing criticism and legal complaints from disabled employees over its strict return-to-office requirements and handling of accommodation requests....

Read more
Blue-Collar Workers Lean On AI As Crumbling Skilled Trades Workforce Struggles To Keep Work Moving

Blue-Collar Workers Lean On AI As Crumbling Skilled Trades Workforce Struggles To Keep Work Moving

1 day ago
Inside Ivanti’s AI Strategy To Future-Proof Customer Support Jobs

Inside Ivanti’s AI Strategy To Future-Proof Customer Support Jobs

1 day ago
Why Full Occupancy Is No Longer A Flexible Workspace Bragging Point

Why Full Occupancy Is No Longer A Flexible Workspace Bragging Point

2 days ago
Advertisements
Yardi Kube automates flex and coworking operations
Advertisements
Nexudus - Tech Stack Lovers

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00