Expanding its bet on the growth of hybrid work, HP Inc. has agreed to acquire Poly, the conferencing hardware and headset company, for $40 a share, or $3.3 billion including debt.
The per-share price is a 53% premium to Poly’s Friday close of $26.20 a share.
The deal makes sense for both companies. HP (ticker: HPQ) CEO Enrique Lores has been…