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Hewlett Packard is securing Wi-Fi network device maker Aruba Networks

HP is spending around $2.7 billion acquiring Wi-Fi specialist Aruba Networks

By Chris Smith from Mar 2, 2015 @ 20:54 CST

Hewlett Packard (HP) is about to spend $2.7 billion on an acquisition of Wi-Fi specialist company Aruba networks, reportedly "in an effort to help boost its share in the wireless local area network market" as claimed by iTNews.

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In a bid to catch up to Cisco Systems, HP is hoping this purchase will bring them a little closer and help them with the development of bring your own device (BYOD) structures worldwide. This market is expected to grow by 40 percent to $13 billion by 2019 as according to Dell'Oro Group and HP wants a larger portion of this to be theirs.

Aruba currently services large-scale clients such as California State University and the Dalian Wanda Group, who are responsible for controlling China's largest property developer and cinema chain.

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