HP has completed its acquisition of Poly for $1.7 billion in an all-cash deal worth $3.3 billion when debt is factored in. Poly is a manufacturer of office communication devices such as headsets, AV conference room equipment such as desk phones, and software.
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Furthermore, according to HP, peripherals represent a $110 billion market opportunity with a 9% annual growth rate, while workforce solutions represent a $120 billion segment opportunity with an 8% annual growth rate.
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