Hewlett-Packard has signed an agreement to purchase Knightsbridge Solutions, the company announced Tuesday. The Chicago-based company of 700 employees specializes in information management, as well as data warehousing, integration and management. The transaction will take place within the next 30 days, according to HP, after which the company plans to integrate Knightsbridge's business into its Technology Solutions Group. Financial terms of the deal were not disclosed.
The Knightsbridge acquisition closely followsfor $14.5 million in an attempt to put the infamous behind it. The company also announced on Monday that after 37 years at HP.