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HP Makes Guess on Hybrid Work With $1.7 Billion Deal

HP Makes Guess on Hybrid Work With .7 Billion Deal

HP Inc. agreed to purchase Poly, a maker of office communications merchandise, for $1.7 billion in a wager on the rise of hybrid work.

HP can pay $40 money for every excellent share of Poly, a premium of greater than 50% from its closing value Friday. The businesses valued the deal for Poly, previously referred to as Plantronics, at $3.3 billion, together with debt.

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