Hewlett-Packard Co said it would buy Wi-Fi network gear maker Aruba Networks Inc for about $2.7 billion, the biggest deal for the world's No. 2 PC maker since its botched acquisition of Britain's Autonomy Plc in 2011. The purchase of Aruba would help HP boost its share in the wireless local area network (WLAN) market as more companies allow employees to access work systems through their wireless devices. HP is way behind market leader Cisco Systems Inc in the networking business, and the Aruba acquisition would help it to gain a little more market share, he said. Aruba sells Wi-Fi gear to a wide range of clients including California State University and Dalian Wanda Group, which controls China's biggest property developer and largest cinema chain.
from Business News Headlines - Yahoo! News http://ift.tt/1B1vxnp
via
IFTTT
No comments:
Post a Comment