Xerox ends its hostile takeover bid for HP amid coronavirus uncertainty

clock • 3 min read

Merging the two companies would have brought long-term benefits for both, it insists

Xerox has finally dropped its hostile takeover bid for HP Inc. because of the market uncertainty stemming from the coronavirus outbreak. The company announced yesterday that it was withdrawing i...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Adobe co-founder John Warnock passes away, aged 82

Corporate

Adobe developed industry-standard software in several domains under Warnock's leadership

clock 21 August 2023 • 2 min read
Cloud currency: Travelex leaves legacy behind

Cloud and Infrastructure

From administration to modernisation, with global IT director Hans van der Waal

clock 09 March 2023 • 5 min read
HP CISO Joanna Burkey on securing the hybrid workforce and her biggest fear

Security

HP’s differentiators on endpoint security and the growing use of AI/ML in security

clock 06 March 2023 • 6 min read

More on Mergers and Acquisitions

Darktrace agrees $5.3bn takeover by Thoma Bravo

Darktrace agrees $5.3bn takeover by Thoma Bravo

Thoma Bravo to add Cambridge-based company to security software portfolio 20 months after first opening talks

Graeme Burton
clock 29 April 2024 • 2 min read
IBM to acquire HashiCorp for $6.4bn

IBM to acquire HashiCorp for $6.4bn

Pending approval from HashiCorp shareholders and regulators

Wade Tyler Millward
clock 25 April 2024 • 2 min read
Government approves takeover of Newport Wafer Fab

Government approves takeover of Newport Wafer Fab

Previous owner forced to sell stake over links to China

clock 04 March 2024 • 2 min read