HP buys remote software specialist Teradici
The acquisition will help HP to deliver new compute models and services tailored for hybrid work
HP has announced it has entered into a definitive agreement to acquire Teradici, a specialist in remote computing software that enables users to securely access high-performance computing from any PC, Chromebook or tablet.
The tech giant says the purchase will enhance its capabilities in the Personal Systems category, helping it to deliver new compute models and services tailored for hybrid work.
“Teradici’s cutting-edge technology has long been at the forefront of secure, high-performance virtual computing,” commented Alex Cho, president of Personal Systems at HP.
“Their 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.”
HP will pair the new acquisition with its ZCentral Remote Boost software, which is designed to provide remote access to physical workstations. The idea it is to enable remote and hybrid work for professionals that require high-performance computing – such as engineers, animators and editors.
Teradici’s Cloud Access Software (CAS) leverages the firm’s PC-over-IP (PCoIP) protocol to deliver high performance, security and deployment flexibility to more than 15 million users around the world.
With Teradici’s focus on cloud PCs and virtual workstations, HP said the new combined offering will enable it to offer a broader remote compute platform that spans on-premise and cloud solutions from any type of device – including macOS, public clouds, as well as iPadOS and Android tablets.
The transaction is expected to be finalised in Q4 2021, subject to regulatory review and customary closing conditions.
“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, Teradici CEO.
“HP’s strong culture of innovation, customer-centricity and corporate values 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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