HP shoots down Xerox's €34bn takeover offer
But vendor claims it is still 'open to exploring' possible merger with Xerox

HP has shot down an initial takeover bid from rival print vendor Xerox, claiming that its $33.5bn offer "significantly undervalues" the company. In a letter to Xerox's CEO John Visentin, published on Sunday, HP wrote that its board of directors unanimously voted against the merger, claiming that it undervalues the company and is not in the best interest of HP shareholders. "In reaching this determination, the board also considered the highly conditional and uncertain nature of the proposal,...
More on Vendor
Dell and HP square off in quarterly results
Industry heavy hitters say PC sales boom looks set to continue
'COVID has made businesses question their investments. So we're increasing our partners' TAM': Pure Storage EMEA channel boss
Matthieu Brignone explains the rationale behind the US vendor’s latest product updates, as it logs record sales for Q4
Data management giants StorageCraft and Arcserve to merge
US vendors announce intention to become single entity
Riverbed unveils new EMEA channel boss
US networking vendor says promotion of Brecht Seurinck to VP channel sales in Europe, Middle East and Africa is immediate
CrowdStrike snaps up cloud management start-up for $400m
UK-HQ firm the latest to be bought out by US security vendor giant
More news
Three ways one of southern Europe's top integrators is looking to grow its business
Uni System’s MD tells us why growth via acquisitions will press ahead, how Brexit has opened up opportunities in the UK public sector, and what impact investment from AWS and Azure will have on Southern Europe
Conscia board announces CEO replacement saying new leadership is needed
Cisco integrator giant chooses new leadership as FY 2020 indicates growth has slowed
SoftwareONE snaps up Swiss SAP partner
Licencing giant makes second SAP partner purchase of the year
HR Path snaps up French consultancy
Pan-European Oracle and SAP Gold partner expands in local market