HP to acquire Colubris

Stephen Withers
Tuesday, 12 August 2008 12:31

IT Industry - Strategy

HP has announced a definitive agreement to acquire privately-held wireless network provider Colubris Networks.

Colubris products - which include access, management and security - will fall under the aegis of HP's ProCurve operation.

"The acquisition of Colubris Networks will strengthen ProCurve’s hardware, management platform and services, significantly improving the overall performance capabilities of both wired and wireless networks, and will deliver even more best-in-class choices for our customers worldwide," said Marius Haas, senior vice president and general manager, HP ProCurve.

"With our vision and continued support from HP leadership, I am convinced that ProCurve’s impressive growth and market leadership is unlimited."

Colubris' customer list includes organisations in the hospitality, healthcare and education markets.

Financial terms of the transaction have not been disclosed.