HP has a new venture firm to invest in robotics, virtual reality and other buzzy new tech
While HP didn't announce how big the fund is, its AngelList page says that it's focused on technology startups working on 3D, virtual reality, hyper-mobility, Internet of things, and smart machines.
The formation of this in-house investment group, dubbed HP Tech Ventures, was mostly a formality, HP's chief technology officer Shane Wall told the Wall Street Journal's Don Clark.
HP has already quietly invested in a handful of startups since November, when the PC/printer company became a separate unit from Hewlett Packard Enterprise.
Corporate VC funds are pretty much the norm these days. Nearly ever big tech company now has an investment arm including Google, Intel, Salesforce, Cisco, SAP, even companies like Comcast.
Unlike millennials, GenZ employees don’t want to quit but want fewer working hours
IIT Bombay and JSW Group to establish a technology hub for steel manufacturing
Realme 9i 5G Review - 5G Upgrade With Cosmetic Changes
Top 5 automatic cars under ₹10 lakh in India
India's demand for the yellow metal rises 43% in Q2: World Gold Council