HP Could Do Acquisitions up to $1.5 Billion

Thursday, 22 August 2013 10:58 AM EDT ET

Hewlett-Packard Co. sees acquisitions as part of the No. 1 PC maker's future and it could do deals up to $1.5 billion, Chief Executive Meg Whitman told cable network CNBC.

"We have our eye on a number of areas," the executive said, also noting that the company could do deals in the $100 million to $300 million range. Whitman was speaking the day after HP reported disappointing quarterly results and curtailed its outlook for 2014.

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Hewlett-Packard Co. sees acquisitions as part of the No. 1 PC maker's future and it could do deals up to $1.5 billion, Chief Executive Meg Whitman told cable network CNBC.
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2013-58-22
Thursday, 22 August 2013 10:58 AM
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