HP completes the acquisition of Teradici
PALO ALTO, California—HP Inc. today announced that it has completed the acquisition of remote computing software developer Teradici Corp. Details of the transaction were not immediately available.
Teradici has played an important role in enabling broadcasters and other media and entertainment companies to maintain their operations during the pandemic. Its technology has enabled those who work remotely from home to use PCs, tablets and Chromebooks to access stored media content and software tools on desktop or cloud workstations and to perform video editing, graphic design and other common content creation tasks without experiencing latency.
The acquisition will enhance HP’s capabilities in the personal systems category by providing new computational models and software-based digital services suitable for hybrid work, HP said.
“This agreement supports our broader strategy of innovation at the heart of the hybrid by creating new IT experiences, services and subscriptions that meet changing customer needs and drive profitable growth,” said Alex Cho, president of Personal Systems at HP Inc. “We are delighted to officially welcome Teradici’s incredibly talented team to HP.
The acquisition enables HP to enhance its remote services and solutions by offering customers a single subscription to Teradici Cloud Access software and ZCentral Remote Boost. The in-app subscription will be available for purchase by the end of the calendar year, he said.
More information is available on the HP website.