Acquisition History / HP / Procter & Gamble IT

HP Acquires Procter & Gamble IT

Announced May 6, 2003 — $3B

HPInformation technology2003

What happened

P&G's IT infrastructure and services business.

Acquirer
HP
Target
Procter & Gamble IT
Announced
May 6, 2003
Price
$3B
Industry
Information technology

By the numbers

HP's acquisition history
56th of 131 tracked deals
Disclosed prices
36 of 131 HP deals
HP's average disclosed price
$2.59B
HP's largest disclosed deal
Compaq ($25B)
Tracked acquisitions in 2003
44 across all acquirers
HP in Information technology
12 acquisitions

Frequently Asked Questions About This Acquisition

When did HP acquire Procter & Gamble IT?

HP acquired Procter & Gamble IT on May 6, 2003. This was HP's 56th publicly tracked acquisition out of 131 we have on record.

How much did HP pay for Procter & Gamble IT?

HP paid $3B for Procter & Gamble IT.

What does Procter & Gamble IT do?

P&G's IT infrastructure and services business.

What other Information technology companies has HP acquired?

HP has made 12 acquisitions in Information technology, including Procter & Gamble IT. See the full list on the Information technology and HP acquisition pages.

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