POLY and HP Inc. Merger Approved by Stockholders
SANTA CRUZ, Calif., June 23, 2022 /PRNewswire/ -- Poly (NYSE: POLY), a global outfitter of professional-grade audio and video technology, today announced that its stockholders voted to approve the merger agreement pursuant to which Poly will be acquired by HP Inc.
Based on preliminary results, over 80% of Poly's outstanding common stock was voted in favor of the approval of the merger agreement. The final voting results will be filed on a Form 8-K with the U.S. Securities and Exchange Commission.
The transaction is expected to close by the end of calendar 2022, subject to receipt of required regulatory clearances and the satisfaction of other customary closing conditions.
About Poly
Poly (NYSE: POLY) creates premium audio and video products so you can have your best meeting -- anywhere, anytime, every time. Our headsets, video and audio-conferencing products, desk phones, analytics software and services are beautifully designed and engineered to connect people with incredible clarity. They're pro-grade, easy to use and work seamlessly with all the best video and audio-conferencing services. Poly MeetingAI delivers a broadcast quality video conferencing experience with Poly DirectorAI technology which uses artificial intelligence and machine learning to deliver real-time automatic transitions, framing and tracking, while NoiseBlockAI and Acoustic Fence technologies block-out unwanted background noise. With Poly (Plantronics, Inc. – formerly Plantronics and Polycom), you'll do more than just show up, you'll stand out. For more information visit www.Poly.com.