HP ProCurve Finalises Acquisition of Colubris Networks |
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Dubai, UAE, 4th Oct 2008:What: HP ProCurve today announced that it has completed the acquisition of Colubris Networks, Inc., a US-based global provider of intelligent wireless networks for enterprises and service providers.
HP plans to integrate Colubris' extensive product line into its ProCurve Networking product portfolio. This will expand HP ProCurve's reach into vertical markets such as hospitality, transportation, healthcare, manufacturing, service provider and education.
HP ProCurve will continue to offer the award-winning Colubris Networks Intelligent Mobility Solution along with HP ProCurve Mobility Solutions, providing customers with the choice of integrated and overlay wireless solutions. The Colubris Intelligent Mobility Solution delivers wireless integrated access, management and security products as well as 802.11n capability - all of which help enterprises and service providers broaden the reach and impact of voice, data and multimedia applications.
HP ProCurve and Colubris customers will continue to receive complete support for both product lines. In addition, Colubris resellers are invited to join the HP ProCurve Channel Partner Program.
When: The completion of this acquisition is effective 1 October 2008. HP ProCurve initially announced its intent to acquire Colubris Networks on 11 August 2008. Financial terms of the transaction were not disclosed.
-Ends-
About HP ProCurve
HP ProCurve is the Network of Choice for best-in-class solutions, products and services for wired and wireless networks. ProCurve's Adaptive Networks vision enables customers to implement an open, standards-based network infrastructure that adapts to the changing needs of users, applications and organizations.
ProCurve was positioned in the Leaders quadrant in research and advisory firm Gartner Inc.'s 2008 Magic Quadrant Report for Global Campus LANs and is a worldwide leader in Ethernet switch market revenue and ports according to Dell'Oro Group.
More information on HP ProCurve is available at http://www.procurve.com/.
About HP
HP, the world's largest technology company, provides printing and personal computing products and IT services, software and solutions that simplify the technology experience for consumers and businesses. HP completed its acquisition of EDS on Aug. 26, 2008. More information about HP (NYSE: HPQ) is available at http://www.hp.com/.
For more information please contact:
Martin O'Brien
ProCurve Networking by HP
tel: + 33 672 99 2724
email: martin-g.obrien@hp.com
Sabine van Deursen
Burson-Marsteller for ProCurve Networking by HP
tel: + 44 (0)20 7300 6181
email: sabine.van.deursen@bm.com
ProCurve Networking by HP
Hewlett-Packard France
5, avenue Raymond Chanas (Eybens)
38053 Grenoble Cedex 9, France
www.hp.com/eur/procurve
© Press Release 2008
from Bates PanGulf Group
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