HP Acquisition Targets May Include Palo Alto Networks

By | August 25, 2014

Scalper1 News

Hewlett-Packard (HPQ) is likely looking for acquisitions in the Big Data and security fields, with Palo Alto Networks and FireEye on its wish list, says an analyst. “Following several consecutive quarters of strong cash flow generation, HP’s balance sheet is in the best condition in years, and the company has a $5 billion net cash position (excluding finance debt and receivables),” Michael Turits, an analyst for Raymond James & Associates, wrote Scalper1 News

Scalper1 News