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HP Tech Ventures To Focus On Cutting-Edge Tech

HP has launched a new corporate venture arm, HP Tech Ventures, which will target early stage companies with cutting-edge technologies in areas such as the Internet of Things.

With teams in Palo Alto and Tel Aviv, HP states that HP Tech Ventures “will pursue strategic investments and partnerships in disruptive technology areas”.

These areas will include: 3D transformation, immersive computing, hyper-mobility, the Internet of Things, artificial intelligence and smart machines.

“The next technology revolution is shifting towards strategic markets that speak to HP’s strengths,” Shane Wall, HP chief technology officer and head of HP Labs, commented.

“With our global brand and broad reach into consumer and commercial markets worldwide, HP can help start-ups bring product to market, build their business and scale in the global marketplace as they grow.”

Further information can be found here.

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