HP to acquire remote computing software firm in hybrid work push

Teradici will bolster HP's personal systems offering with new compute models, vendor says

HP Inc has announced a definitive agreement to acquire Teradici Corporation, a company which specialises in remote computing software that "enables users to securely access high-performance computing from any PC, Chromebook, or tablet".

The vendor says the move will enhance its capabilities in the personal systems category by "delivering 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," said Alex Cho, president, Personal Systems, HP Inc.

"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."

Teradici's cloud PC and virtual workstation capabilities will complement that of HP, the vendor says, which plans to combine the two remote access solutions to enable it to offer a "broader remote compute platform that spans on-premise and cloud solutions from any type of device".

The transaction is expected to close in calendar Q4 2021 but financial terms of the transaction were not disclosed.

The move comes after Microsoft also bolstered its hybrid work offering by launching Windows 365 - a new cloud service that allows Windows to be streamed onto any device.