HP Will Buy Aruba Networks To Boost Mobile Business

By | March 2, 2015

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Hewlett-Packard (HPQ) is buying a bigger piece of the growing mobile market. The computer products and services company on Monday announced an agreement to acquire Aruba Networks (ARUN), a leading provider of network access products for the mobile enterprise for $24.67 a share in cash, or about $3 billion. The deal net of cash and debt is worth about $2.7 billion. The proposed sale has already been approved by both companies’ boards. The deal is Scalper1 News

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