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Country: United States

Poly is a company offering audio and video solutions for hybrid work and telecommuting.

The company was formed after the merger of Plantronics and Polycom

Their products are designed to enable employees to be heard and seen with clarity, regardless of location or device.

With AI, analytics and information, Poly is committed to offering more than just connectivity.

News

HP Inc. Completes Acquisition of Poly | HP Inc. completes acquisition of Poly 29/08/2022

. HP Inc. has completed its acquisition of Poly, a global provider of workplace collaboration solutions. 2. The transaction is expected to be accretive to revenue, non-GAAP operating profit, and non-GAAP EPS in FY23 post-merger. 3. 75% of office workers are investing to improve their home setups. 4. There are more than 90 million meeting rooms globally, with less than 10% equipped with video capability. 5. The office meeting room solutions segment is expected to triple by 2024. 6. The peripherals market represents a $110 billion segment opportunity, growing at 9% annually. 7. Workforce solutions represent a $120 billion segment opportunity, growing at 8% annually. 8. The transaction was an all-cash deal at $40 per share, with a total enterprise value of approximately $3.3 billion, including Poly's net debt.

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