HP Acquisitions May Not End With Aruba Networks

By | March 2, 2015

Scalper1 News

Hewlett-Packard is taking aim at Cisco Systems with its bid to buy Aruba Networks, but HP might not be done making acquisitions before its split-up, analysts say. The struggling computer maker early Monday confirmed plans to acquire Aruba for $24.67 a share, or about $3 billion. The deal, which both boards have approved, is expected to close in the second half of HP’s fiscal year, ending Oct. 31. Hewlett-Packard’s (HPQ) stock rose a fraction Scalper1 News

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