Hewlett-Packard announced that it is going to acquire Printelligent, a Salt Lake City-based provider of managed print services. The company has signed an agreement with Printelligent to acquire all of its assets, infrastructure, software and workforce.

Printelligent is a privately-held company and has been offering its services in the form of experts to oversee the operation of SMB printing environments, for the last 23 years. It has its clients in 728 U.S. cities and manages about million printed documents per year.

With this acquisition, HP will have an added advantage of providing managed print services to its worldwide customers, and start a program to help business customers reduce printer hardware. It will particularly strengthen company’s services for small and mid-sized business clients. Through managed and e-printing, HP’s been able to shift into the consumer cloud service, an area HP will have to develop as the PC market becomes a mobile charge. While the financial terms of the contract are still unknown, the deal is expected to become final in HP’s fiscal third quarter this year.

Hewlett-Packard also experienced some more changes in the past few days, saying goodbye to three senior executives from the organization. These include Marius Haas, Tom Iannotti and Gary Budzinski, due to the reason that new chief executive officer Leo Apotheker has shifted the company’s strategy. The company also announced its lowered profit forecast, damping optimism about the company’s economic outlook.

Other major acquisitions we are watching in the technology space include the acquisition of Kaviza, a maker of a virtual desktop environment software for SMBs, by Citrix, for an undisclosed sum. Kaviza’s “VDI-in-a-Box” product represents a major milestone for Citrix, which has effectively extended its Citrix XenDesktop enterprise-purposed VDI product line with an offering targeting the small to medium businesses audience.

“The acquisition adds a unique VDI-only solution to the Citrix portfolio—allowing the company to further expand into the small and medium business market and accelerate its leadership in desktop virtualization across all market segments from small organizations to large enterprises.”

Beyond this acquisition, Citrix made yet another push in the desktop virtualization space. In a partnership with Rackspace, the latter is now offering a hosted desktop virtualization service , focusing on the mobile trend sweeping through the workspace.

Not to forget, The Citrix Synergy event is about to kick off today, giving the virtualization company a chance to show off some new products, and highlight its achievements from the past year. As SiliconAngle will be covering this event, stay tuned to our blog, and watch our news desk program theCUBE at SiliconAngle.tv.