The $925 million deal reflects the growth potential of software-defined wide-area networking as businesses employ more remote workers.
CFO Tarek Robbiati attributed the revenue decline primarily to supply chain disruption, which resulted in “significantly higher” levels of backlog.
Cray is in the process of building the world's fastest supercomputer for the U.S. Department of Energy.
Tarek Robbiati — " a visionary leader and a pragmatic business operator" — replaces Tim Stonesifer at the HP spinoff company.
The third-quarter report “hardly puts to rest the long-term growth concerns that have swirled around the IT hardware giant for some time."
The weak performance of HPE's key business stirs concerns about whether CEO Meg Whitman's growth strategy will pay off.
“The close of this transaction leaves HPE with a crystal clear mission, tied directly to the solutions our customers and partners tell us they want most."
Through the acquisition of Nimble Storage, "we’ll have a comprehensive, best-in-class [flash] portfolio across the full range of the market."
An IDC survey finds the decline of the high-end segment continued but volume system growth is a positive sign for the future.
The deal with Micro Focus advances Hewlett Packard Enterprise's strategy of becoming a leading provider of cloud-based IT solutions.
The $275 million deal is aimed at boosting HPE's position in the growing big data and high performance computing markets.
Hewlett Packard Enterprise will merge its troubled IT services unit with Computer Sciences Corp. , creating a company with $26 billion in revenue.
