Hewlett-Packard buys software companies at historically high prices: to develop cloud computing
Source: Internet
Author: User
KeywordsSoftware company highest price HP or to
According to foreign news reports, the analysis said Hewlett-Packard Company will buy 3Par company's twice times to buy software companies to develop cloud computing technology. Bit net (chinabyte) March 28 According to foreign news reports, the analysis said Hewlett-Packard Company will buy 3Par twice times the capital to acquire software companies to develop cloud computing technology. Half a year ago, Hewlett-Packard bought 3Par, a computer company, with a record valuation. At present, according to Goldman Sachs analysis, HP is likely to acquire targets including Red Hat, Informatica and Tibco software. These companies have a 42 times-fold earnings ratio, far above the 18 times-fold average of software and Internet industry acquisitions in the past 5 years, calculated on the basis of earnings before interest-tax depreciation amortization (EBITDA). Bill Wohl, a spokesman for HP, declined to comment on a possible takeover. "Based on our CEO's future strategy, we will develop, acquire or find partners," he said. Our strategy for mergers and acquisitions is consistent with the overall strategy of our company. "HP is currently the lowest price-earnings ratio for large U.S. technology companies, and the company is likely to face a slump in sales in the next two years." Mr. Apotheker said this month that he would follow some rules in his future acquisitions, but Mr Apotheker will face greater pressure in the future to compete with Oracle and IBM for Hewlett-Packard's former CEO, Mark Hurd, to slash research and development costs. "This is a difficult situation," says Mark Bronzo, security Global Investors fund manager. While Apotheker says he will be patient, pressure from shareholders and pressure to catch up with rivals will cost HP. "(Lie group)
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