March 3rd news, according to foreign media reports, HP announced on Monday it will acquire mobile network equipment manufacturers Networks Aruba. The price of the transaction was $3000000000, taking into account the cash and debt, the actual price of the transaction is about $2700000000.
HP CEO Meg Whitman said last week that the company is seeking to acquire a new company. Now, she's starting to deliver on her promises.
This acquisition has been approved by the board of directors of both companies, Aruba will be incorporated into the HP enterprise group, led by the head of the HP group of. Aruba's chief executive officer Dominique Orr and chief strategy and technology officer Kerr Siti Mel Kurt will join Hewlett Packard and report to the linnet.
Networks Aruba provides mobile services for business users. Approximately 1800 employees, in the last fiscal year, received a $729000000 in revenue. It provides services that can manage wireless networks as well as the security action on a mobile device.
Aruba believes that mobile has become a major trend in the field of business, which requires the IT department to find solutions to the various problems emerging on the mobile device, and to ensure that mobile devices meet the safety requirements of the enterprise. All of this is done automatically, so companies do not have to hire a dedicated IT to deal with these issues.
Aruba Networks will provide an important supplement to HP own networking business. HP networking business mainly to help them on-line products and services for business users.
HP in a statement said it believes that required for enterprise, integration and security of networking solutions and help them to convert the old traditional system to advanced wireless systems, and Aruba can help it meet the needs of business users.
Whitman in a few days ago to accept an interview just said, HP must buy some companies to maintain growth. She admits that HP has the ability to bring some innovative things to the market, but the fastest and best way to achieve this goal is to acquire other companies.
The acquisition of Aruba's deal is also required to be approved by regulators, which is expected to be completed in the second half of 2015. The deal also needs to be approved by Aruba shareholders.
HP stock trading before the market opened on Monday rose 0.66%, to $35.07. Aruba shares fell by 1.6%, to $24.41.

                                                                    Nanjing DingYing electronic Technology Co., Ltd.