CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company has acquired the conference room products maker “Poly” aiming to become a complete hybrid work?
A
Intel
B
Apple
C
HP
D
Dell
Explanation: 

Detailed explanation-1: -HP Inc announced the completion of its $3.3 billion acquisition of Poly, a leading global provider of workplace collaboration solutions.

Detailed explanation-2: -HP has finalised the acquisition of Poly for $1.7 billion in an all-cash deal totalling $3.3 billion inclusive of the debt. Poly is a maker of workplace communication products like headsets, AV conference room products including desk phones as well as software.

Detailed explanation-3: -29, 2022 (GLOBE NEWSWIRE) – HP Inc. (NYSE: HPQ) today announced the completion of its acquisition of Poly, a leading global provider of workplace collaboration solutions.

Detailed explanation-4: -HP and Poly employees have officially merged following HP’s $3.3 billion acquisition of the company, Enrique Lores, President and CEO at HP, confirms. The takeover was completed at the end of August in what was described as “a historic day” by HP.

Detailed explanation-5: -The purchase isn’t for Poly’s headphones. Plantronics’ (now Poly’s) long independent streak is coming to an end. Reuters reports HP is acquiring Poly in an all-cash deal worth $3.3 billion including debt.

There is 1 question to complete.