The first new building to be procured for Joby's HQ in Santa Cruz. The former owner Plantronics (AKA Poly) was acquired by HP. Closing for Joby will happen 30 November at a price of $25.5M
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HP Inc. today announced a definitive agreement to acquire Poly in an all-cash transaction for $40 per share, implying a total enterprise value of $3.3 billion, inclusive of Poly’s net debt.
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“One small step for man, one giant leap for mankind.”
It’s one of history’s most famous quotes, transmitted from the moon back to earth by Neil Armstrong. And it was powered by a headset designed and built by Plantronics, a company born and based in Santa Cruz.
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