How does this deal get made unless someone at HP owes some humane investor a favor?
highly unlikely they spent all of it. If they spent 130 million dollars, for example, they'd have $100m in the bank and this $116m txn is net $10m acquihire.
Financially, this probably didn't cost HP much yet. The real cost is whatever they approved for this team to build next, which will likely be a money pit.