HP Acquires VeriFone

Announced April 1997 — $1.18B

What happened

An electronic payment terminal company.

HP's acquisition history

34th 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 1997

33 across all acquirers

HP in Electronic bill payment

1 acquisition

When did HP acquire VeriFone?

HP acquired VeriFone on April 1997. This was HP's 34th publicly tracked acquisition out of 131 we have on record.

How much did HP pay for VeriFone?

HP paid $1.18B for VeriFone.

What does VeriFone do?

An electronic payment terminal company.

What other Electronic bill payment companies has HP acquired?

VeriFone is HP's only publicly tracked acquisition in Electronic bill payment so far.