The market values of both companies have declined since the coronavirus pandemic intensified.
Xerox Holdings on Monday announced a sweetened tender offer for HP at about $24 a share, or $34 billion.
The move comes after HP rejected Xerox’s latest takeover offer.
HP signaled it was open to exploring a ‘potential combination’ between the two companies.
The company is regrouping as it faces a decline in the printing business that was once its biggest moneymaker.
The new finance chief at RPA firm UiPath, Marie Myers, was an enthusiastic user of robotic software in her previous job as global controller at HP.
Acquisitions are a zero-sum game: both buyer and seller need to feel they are getting a good deal. Unfortunately, buyers usually pay too much.
"I think consistently now we've demonstrated that we've turned around our desktop business," CEO Dion Weisler says.
La-Z-Boy, CSG Systems, Pharmaceutical Product Development, OutFront Media, Ocwen Financial, Patterson, Diversey, Orchid Paper Products, Intralinks, HP
HP CEO Don Weisler said Steve Fieler, the company's new CFO, has been "in our succession planning for a very long time."
Using cost discipline, astute capital investments, and operational know-how, these 20 CFOs aim to guide their companies to a growth-filled future.
Hewlett Packard Enterprise will merge its troubled IT services unit with Computer Sciences Corp. , creating a company with $26 billion in revenue.
