HP Creates HP Tech Venture Group

HP has launched HP Tech Ventures, a new division targeting early stage companies with cutting edge technologies.

According to a company press release, operating across teams in Palo Alto, Calif., and Tel Aviv, Israel, HP Tech Ventures will pursue strategic investments and partnerships in disruptive technology areas, including: 3D transformation, immersive computing, hyper-mobility, Internet of Things, artificial intelligence and smart machines.

“The next technology revolution is shifting towards strategic markets that speak to HP’s strengths,”said Shane Wall, chief technology officer at HP and head of HP Labs. ” With our global brand and broad reach into consumer and commercial markets worldwide, HP can help startups bring product to market, build their business and scale in the global marketplace as they grow.”

For more information, visit HP.

Sources: Press materials received from the company and additional information gleaned from the company’s website.