HP Beefs up ProCurve by Acquiring WLAN Company Colubris
| Publication Date | August 2008 |
|---|---|
| Publisher | IDC |
| Product Type | Report |
| Pages | 1 |
| ISBN Number | not applicable |
| Product Code | IDC05758 |
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Summary
On August 11, HP announced that it has signed a definitive agreement to acquire Colubris Networks, a Massachusetts-based, privately held provider of WLAN technology. HP plans to integrate the Colubris product line into its ProCurve networking product portfolio. The acquisition is subject to standard closing conditions and is expected to be complete by the end of HP's fiscal year 2008 (October 31). Financial terms of the transaction were not disclosed.
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