HP will name the new company Hewlett-Packard Services Kuwait Co, but neither party disclosed the financials of the deal or the ownership split of the JV.
John Hoonhout, director HP Services, in the Middle East, said, As one of the fastest growing economies in the Middle East, the need for technology and services is critical to support Kuwait’s growth. The aim of the joint venture is to build upon HP’s commitment to the Middle East, further enhancing our capabilities, and along with our partners, strengthening our ability to serve the Kuwaiti market.
