ABU DHABI: Hewlett-Packard Co has sold its 40 percent stake in United Arab Emirates-based Injazat Data Systems for an undisclosed amount to its investment partner, Abu Dhabi state-owned fund Mubadala.
The deal, announced in a statement from Injazat on Tuesday, comes a day after HP said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations.
Unlisted Mubadala, which has stakes in General Electric and private equity firm Carlyle, now owns 100 percent of Injazat. (Reuters)
