HP Inc. buys Humane assets for $116M, Bloomberg reports

HP Inc. (HPQ) has agreed to acquire assets from Humane, a company that makes a wearable Ai Pin, for $116M, Bloomberg’s Brody Ford reports. The transaction will include the majority of Humane’s staff in addition to its software platform and intellectual property, but will not include Humane’s Ai pin device business, which will be wound down, the author says, citing an HP spokesperson.