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.
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."
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."
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.
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.
Meg Whitman: Dell-EMC Deal Spells Opportunity for HP
The planned transaction will distract the parties' management and employees and cause a massive debt load that will stifle R&D spending, Whitman says.
HP Slashing Up to 33,000 Workers
The company expects to save about $2.7 billion, mostly by cutting jobs in the HP Enterprise business.
HP Earnings Signal Challenges Ahead of Breakup
PC revenues fell 13% and printer revenue was down 9% in the second quarter.
HP Sells Majority Stake in China Businesses for $2.3B
The move, HP said, would create a “technology powerhouse.”
HP Buys Aruba Networks for 9% Premium
Hewlett-Packard spends a net $2.7 billion for the maker of hardware and software for enterprise mobile networks.
HP Announces Historic Breakup
Splitting off the PC and printer businesses will give the enterprise division "focus, financial resources and flexibility," says CEO Meg Whitman.