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CFOs On the Move: Week Ending March 31
Sysco, Hertz, Upwork, Rolls-Royce, Nikola, FleetCor, Coveo, Cielo
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Lauren Muskett
| March 31, 2023
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CFOs On the Move: Week Ending March 31
Sysco, Hertz, Upwork, Rolls-Royce, Nikola, FleetCor, Coveo, Cielo
By
Lauren Muskett
| March 31, 2023
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Hewlett Packard Enterprise
The Cloud
HPE Buys Silver Peak in SD-WAN Push
The $925 million deal reflects the growth potential of software-defined wide-area networking as businesses employ more remote workers.
By
Matthew Heller
| July 14, 2020
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Financial Performance
HPE Has ‘Tough’ Quarter With 16% Sales Drop
CFO Tarek Robbiati attributed the revenue decline primarily to supply chain disruption, which resulted in “significantly higher” levels of backlog.
By
Matthew Heller
| May 22, 2020
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M&A
HPE Confirms Deal to Buy Cray Supercomputers
Cray is in the process of building the world's fastest supercomputer for the U.S. Department of Energy.
By
Lauren Muskett
| May 17, 2019
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People
HPE Names Ex-Sprint Exec Robbiati as CFO
Tarek Robbiati — " a visionary leader and a pragmatic business operator" — replaces Tim Stonesifer at the HP spinoff company.
By
Matthew Heller
| August 29, 2018
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Financial Performance
HPE Earnings Beat on 4% Revenue Increase
The third-quarter report “hardly puts to rest the long-term growth concerns that have swirled around the IT hardware giant for some time."
By
Matthew Heller
| August 29, 2018
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Technology
HPE’s Enterprise Revenue Slumps 13% in Q2
The weak performance of HPE's key business stirs concerns about whether CEO Meg Whitman's growth strategy will pay off.
By
Matthew Heller
| June 2, 2017
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M&A
HPE Completes ES Spin-Merge But Stock Falls
“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."
By
Matthew Heller
| April 3, 2017
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The Cloud
HPE Beefs up Flash Storage With Nimble Buy
Through the acquisition of Nimble Storage, "we’ll have a comprehensive, best-in-class [flash] portfolio across the full range of the market."
By
Matthew Heller
| March 7, 2017
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The Cloud
Worldwide Server Sales Drop 0.4% in Q2
An IDC survey finds the decline of the high-end segment continued but volume system growth is a positive sign for the future.
By
Matthew Heller
| September 15, 2016
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The Cloud
HPE Sells Software Assets to U.K. Firm for $8B
The deal with Micro Focus advances Hewlett Packard Enterprise's strategy of becoming a leading provider of cloud-based IT solutions.
By
Matthew Heller
| September 8, 2016
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Technology
HPE Acquires Supercomputer Legend SGI
The $275 million deal is aimed at boosting HPE's position in the growing big data and high performance computing markets.
By
Matthew Heller
| August 12, 2016
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Technology
HP Spinoff Doing Its Own IT Services Spinoff
Hewlett Packard Enterprise will merge its troubled IT services unit with Computer Sciences Corp. , creating a company with $26 billion in revenue.
By
Katie Kuehner-Hebert
| May 25, 2016
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