HP is buying Poly for 3 billion. Xerox’s market cap is around 3 billion. Hmmm. Looks like HP so very much not interested in xerox. Cash better spent elsewhere.
https://www.computerworld.com/article/3654838/hp-to-acquire-poly-for-3-3b.amp.html
6 replies (most recent on top)
Still can't believe Xerox was harassing HP before covid. That was most desperate thing I had ever seen.
Xerox CEO: Please, save us! Our board is threatening to vote me out!
HP CEO: Nah...
Don't hold your breath xrx, the geniuses in charge already have you circling the bowl.
Lets just hope it doesn't become a sentient 🚽 bowl.
You are forgetting it was the other way around. Xerox wanted to purchase HP.
Don't hold your breath xrx, the geniuses in charge already have you circling the bowl.
@slt+1g5bSz48, Fingers crossed they’ll get around to xerox soon… or maybe wait for xerox to bleed out a bit more. No rush.
HP used cash to purchase Poly. They could easily do a stock swap to purchase Xrx.