HP to expand hybrid working capabilities with Teradici acquisition

HP to expand hybrid working capabilities with Teradici acquisition

HP is to acquire software firm Teradici in a move which will expand HP’s hybrid working capabilities and broaden its remote compute platform across on-premises and cloud solutions. 

“Teradici’s cutting-edge technology has long been at the forefront of secure, high-performance virtual computing,” said Alex Cho, president of personal systems at HP. “Its world-class talent, industry-leading IP and strong integrations with all major public cloud providers will expand our addressable market, and meet growing customer needs for more mobile, flexible, and secure computing solutions. We look forward to welcoming the Teradici team to HP.”

Sixty-seven per cent of employees are expected to work remotely at least three days a week, according to HP Internal CMI Research from 2021.

HP currently enables remote and hybrid work for professionals via its ZCentral Remote Boost software, which is focused on providing remote access to physical workstations. Teradici will build on this with capabilities focused on cloud PCs and virtual workstations. Combining the two will enable HP to offer a broader remote compute platform that spans on-premises and cloud solutions from any device.

“We have long admired HP as one of the world’s most innovative technology companies and we are thrilled to be joining the team,” said David Smith, CEO, Teradici. “HP’s strong culture of innovation, customer-centricity and corporate value aligns extremely well with our mission at Teradici and this deal will significantly expand our global reach and drive new sources of innovation.”

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