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Main article: HP Inc.
2022
11.4% acquisition by Berkshire Hathaway
The holding company Berkshire Hathaway, headed by investor Warren Buffett, announced the acquisition of an 11.4% stake in HP Inc., the total value of which at the rate before the purchase announcement was about $4.2 billion. This became known on April 7, 2022. After the announcement, the rate increased by almost 10%. HP became another technology sector company after Apple, Snowflake and Activision Blizzard, whose shares were also acquired by Berkshire Hathaway.
Buffett did not make major acquisitions for six years, as a result of which it accumulated $146.7 billion in cash and equivalents. But on March 21, she announced the purchase of the insurance company Alleghany, which will take $11.6 billion, and before that she published a message about her 14.6% stake in Occidental Petroleum, the value of which exceeds $6 billion.
Warren Buffett usually makes big investment decisions himself. On his initiative, Berkshire Hathaway acquired a stake in Apple, and now this company is one of the four companies whose shares make up the bulk of the holding's capital. In addition to Apple, the four include the Berkshire group of insurance companies, the BNSF railway company and the Berkshire Hathaway Energy energy holding company[1].
Purchase of the developer of VKS systems Poly for $3.3 billion
At the end of March 2022, HP Inc acquired the developer of VKS systems Poly. The value of the transaction amounted to $3.3 billion, including debt. In addition to Poly, HP Inc also sinned a number of other acquisitions. More details here.
2021
Purchase of Teradici Remote Operation Software Developer
In late July 2021, HP Inc. announced the acquisition of Teradici, which provides remote access software for high-performance cloud computing capabilities from any PC, Mac, Chromebook, or tablet. The financial terms of the transaction are not disclosed. More details here.
Purchase of a developer of game headphones and keyboards HyperX for $425 million
On February 24, 2021, HP Inc. announced the acquisition of HyperX for $425 million. The buyer intends to pay the transaction in full by its own means (without transferring its shares) and close it in the second quarter of 2021. This deal must first be approved by regulators. More details here.
2019: Purchase of Bromium Software Developer
On September 19, 2019, HP Inc. announced the purchase of Bromium after more than two years of cooperation between the companies. Its participants did not disclose the financial and other terms of the transaction. More details here.
2018: Purchase of Apogee for $500 million
In early August 2018, HP Inc. announced the acquisition of Apogee to strengthen its position in the A3 format copy technology market (annual sales here are estimated at $55 billion) and expand its print management services business. The transaction cost is £380 million, which at the time of the announcement of the agreement corresponds to almost $500 million. More details here.
See also
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