HP agrees to acquire Teradici to expand its remote computing services

What you need to know

• HP announced an agreement to acquire Teradici Corporation, which specializes in remote computing.
• ZCentral Remote Boost software from HP already allows people to remotely access physical workstations.
• HP says that combining its ZCentral Remote Boost software with Teradici's tech will "offer a broader remote compute platform."

HP announced a definitive agreement to purchase Teradici Corporation. The purchase will allow HP to expand its remote computing services. HP already has its ZCentral Remote Boost software, which is complemented by Teradici's remote services, according to HP. Teradici allows people to access high-end computing from a wide range of devices, including PCs, Chromebooks, and tablets.

"Teradici brings a complementary set of capabilities that are focused on cloud PCs and virtual workstations," says HP. "Combining the two remote access solutions will enable HP to offer a broader remote compute platform that spans on-premise and cloud solutions from any type of device, including macOS, public clouds, and iPad and Android tablets."

HP's ZCentral Remote Boost software focuses on accessing workstations. Teradici created the PCoIP remote display protocol, which is deployed to more than 15 million users worldwide. The tech from Teradici allows people to securely connect to desktops and workstations from the data center or public cloud.

"We have long admired HP as one of the world's most innovative technology companies and we are thrilled to be joining the team," said David Smith, CEO of Teradici. "HP's strong culture of innovation, customer-centricity, and corporate values aligns extremely well with our mission at Teradici and this deal will significantly expand our global reach and drive new sources of innovation."

The acquisition is expected to close in Q4 2021, though it will have to go through regulatory review. HP did not share the amount that it agreed to acquire Teradici for.