Hewlett Packard Enterprise
|Founded||November 1, 2015|
|Headquarters||3000 Hanover Street, Palo Alto, California, United States|
|Revenue||US$52.107 billion (2015)|
Number of employees
Hewlett Packard Enterprise Company (commonly referred to as Hewlett Packard Enterprise or HPE) is an American multinational enterprise information technology company based in Palo Alto, California, founded on 1 November 2015 as part of splitting of the Hewlett-Packard company. HPE is a business-focused organization with four divisions: Enterprise Group, which works in servers, storage, networking, consulting and support; Services; Software; and Financial Services.
The split was structured so that the old Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a newly created company. HP Inc., which retained the old HP's personal computer and printing business, retained the old HP's stock-price history and the original NYSE ticker symbol for Hewlett-Packard, while Enterprise trades under its own ticker symbol: HPE. According to notes from 2015, HPE's revenue was slightly less than that of HP Inc.
The full name for the company is Hewlett Packard Enterprise Company, which drops the hyphen that previously existed between the "Hewlett" and "Packard" of the former Hewlett-Packard Company. During and since the separation, many media outlets have incorrectly named the new organization with some using "HP Enterprises" or "HP Enterprise".
In May 2016, the company announced it would sell its Enterprise Services division to one of its competitors, Computer Sciences Corporation in a deal valued at $8.5 billion. The merger of HPE Enterprise Services with CSC is expected to complete by March 2017. Approximately 100,000 current HPE employees are affected. More than 30,000 services employees from other areas of the HPE business will remain at HPE including Technology Services Support and Consulting as well as Software professional services.
In August 2016, the company announced plans to acquire Silicon Graphics International (SGI), known for their capabilities in high performance computing. On November 1, 2016, HPE announced it completed the acquisition, for $7.75 per share in cash, a transaction valued at approximately $275 million, net of cash and debt.
On September 7, 2016, HPE announced a "spin-merge" with Micro Focus International, where Micro Focus would acquire its "non-core" software, and HPE shareholders would own 50.1 percent of the merged company, which would retain its current name.
On November 2016 PC World wrote “HPE, and before it, Hewlett-Packard, failed to develop middleware tools to really make a dent in the software market, where other companies like IBM, SAP, and Oracle are excelling” and that "without major software product lines, HPE’s integrated offerings won’t be as strong as competitors like Dell, which have the software and hardware assets, adding that “If all HPE is doing at this point is focusing largely on hardware, you have to ask what the end game here is”.
- Meg Whitman - President and Chief Executive Officer;
- Martin Fink - Executive Vice President, Chief Technology Officer and Director of Hewlett Packard Labs;
- Mike Nefkens - Executive Vice President and General Manager, Enterprise Services;
- Antonio Neri - Executive Vice President and General Manager, Enterprise Group;
- Robert Youngjohns - Executive Vice President and General Manager, HPE Software;
- Chris Hsu - Executive Vice President, Chief Operating Officer;
- Henry Gomez - Executive Vice President, Chief Marketing and Communications Officer;
- Tim Stonesifer - Executive Vice President, Chief Financial Officer;
- John Hinshaw - Executive Vice President, Chief Customer Officer;
- John Schultz - Executive Vice President, General Counsel and Corporate Secretary;
- Alan May - Executive Vice President, Human Resources.
- HPE Servers:
- HPE Networking:
- HPE Storage:
- HPE Services;
- HPE Software:
- HP Inc., the demerged sibling company that offers printers and personal computers.
- Hewlett Packard Enterprise Group, a global business unit of Hewlett Packard Enterprise that provides consulting and support services, servers, storage, networking and converged systems products.
- Hewlett Packard Enterprise Services, a global business unit of Hewlett Packard Enterprise that provides managed and outsourced services.
- Hewlett Packard Labs, the research & development arm of HPE.
- Hewlett Packard Enterprise Software, a global business unit of Hewlett Packard Enterprise that sells big data analysis and security solutions.
- Hewlett Packard Financial Services
- "HP to Cut Up to 30,000 Jobs - Al Jazeera America".
- Larry Dignan. "HP Inc., HPE launch: Questions abound for both". ZDNet.
- "Hewlett-Packard becomes HP Inc. and Hewlett Packard Enterprise".
- Bailey, Brandon (25 May 2016). "HP Enterprise selling tech services business to rival". St. Louis Post-Dispatch. Retrieved 25 May 2016.
- "Hewlett Packard Enterprise Wins "Gold" in Data Analytics, High-Performance Computing with Acquisition of SGI". www.hpe.com. Retrieved 2016-08-11.
- Christine Wang (2016-09-07). "Hewlett Packard Enterprise earnings: 49 cents per share vs 44 cents EPS est.". CNBC. Retrieved 2016-09-07.
- "A year after separation, HP and HP Enterprise are still trying to shed rust". PC Worl. Retrieved 30 November 2011.