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
CrowdStrike ramps up Zero Trust offering with $96m Preempt Security acquisition
The endpoint security vendor has announced plans to acquire the fellow Californian start-up
SentinelOne EMEA channel boss opens up on geographic expansion and growing average deal size with partners
The vendor’s EMEA boss opens up about poaching partners from Broadcom, triple digit net new business growth during lockdown, and rumours of an IPO on the horizon
French IoT vendor Sigfox sells off DACH assets in PE bid to create 'the largest IoT network in Europe'
Sigfox’s Germany business has been sold, and combined into a single entity with separate units in Austria, Switzerland and Liechtenstein
Apple CEO Cook: ' I don't believe we'll return to the way we were'
Cook says that between 10 per cent and 15 per cent of Apple employees are working in the office at the moment
Cradlepoint acquired by Ericsson for $1.1bn to capture 5G market
Wireless edge vendor snapped up by Swedish telco giant
More news
Capgemini sells off contact centre unit Odigo
The French systems integrator giant has sold off the contact-centre-as-a-service (CCaaS) specialist
Inmac Wstore president leaves Bechtle amid management shakeup in France
Jacques Théfo departs the former Systemax business after acquisition by Bechtle in 2018
CrowdStrike ramps up Zero Trust offering with $96m Preempt Security acquisition
The endpoint security vendor has announced plans to acquire the fellow Californian start-up
Orange Business Services lands top-tier status in Microsoft's Azure Networking MSP programme
Accreditation will allow Orange to use Azure tools to enable customers' digital transformation strategies
