Hewlett Packard Enterprise

Summary

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers general purpose servers for multi-workload computing and workload-optimized servers; HPE ProLiant rack and tower servers; HPE BladeSystem and HPE Synergy; and solutions for secondary workloads and traditional tape, storage networking, and disk products, such as HPE Modular Storage Arrays and HPE XP. It also offers HPE Apollo and Cray products; and HPE Superdome Flex, HPE Nonstop, HPE Integrity, and HPE Edgeline products. In addition, the company provides HPE Aruba product portfolio that includes wired and wireless local area network hardware products, such as Wi-Fi access points, switches, routers, and sensors; HPE Aruba software and services comprising cloud-based management, network management, network access control, analytics and assurance, and location; and professional and support services, as well as as-a-service and consumption models for the intelligent edge portfolio of products. Further, it offers various leasing, financing, IT consumption, and utility programs and asset management services for customers to facilitate technology deployment models and the acquisition of complete IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others. Additionally, the company invests in communications and media solutions. It has a partnership with Striim, Inc. to offer high performance and mission-critical solutions with real-time analytics. It serves commercial and large enterprise groups, such as business and public sector enterprises; and through various partners comprising resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms. Hewlett Packard Enterprise Company was founded in 1939 and is headquartered in Houston, Texas.


History

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 US$8.5 billion. The merger of HPE Enterprise Services with CSC, to form a new company DXC Technology, was completed on March 10, 2017. Approximately 100,000 current HPE employees were affected. More than 30,000 services employees from other areas of the HPE business remained 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 , known for their capabilities in high performance computing. On November 1, 2016, HPE announced it completed the acquisition, for US$7.75 per share in cash, a transaction valued at approximately US$275 million, net of cash and debt.On September 7, 2016, HPE announced a "spin-merge" with Micro Focus, who would acquire HPE's "non-core" software , and HPE shareholders would own 50.1 percent of the merged company, which would retain its current name. The merger concluded on September 1, 2017.

In November 2016, PC World wrote that "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."In September 2016, Hewlett Packard Enterprise transferred two patents to Texas-based wholly owned shell company Plectrum LLC. These two patents were originated at the 3Com Corporation, which was bought by HP in 2010, along with about 1,400 patents.On April 11, 2017, it was reported that Synack had raised US$21 million in a round of funding that included Hewlett Packard Enterprise.In January 2017, the company acquired data management platform SimpliVity, the developer of the OmniCube hyper-converged infrastructure appliance, for US$650M.In April 2017, Hewlett Packard Enterprise completed its acquisition of hybrid flash and all flash manufacturer, Nimble Storage Inc, for US$1.2 billion or US$12.50 per share. In October, Reuters reported that the company had allowed a Russian defense agency to examine a cyber-defense system used by The Pentagon. The report noted: "Six former U.S. intelligence officials, as well as former ArcSight employees and independent security experts, said the source code review could help Moscow discover weaknesses in the software, potentially helping attackers to blind the U.S. military to a cyber attack."

In November 2017, Meg Whitman announced that she would be stepping down as CEO, after six years at the helm of HP and HPE, stating that, on February 1, 2018, Antonio Neri would officially become HPE's president and chief executive officer. The announcement created controversy leading to a 6% drop in stock price, which quickly recovered during the next few days.In June 2018, Hewlett Packard Enterprise launched a hybrid cloud service called GreenLake Hybrid Cloud, built on top of HPE's OneSphere cloud management SaaS console, offered under its brand HPE GreenLake. GreenLake is designed to provide cloud management, cost control, and compliance control capabilities, and will run on AWS and Microsoft Azure. GreenLake includes cloud data services for containers, machine learning, storage, compute, data protection and networking through a management portal called GreenLake Central.In February 2019, Meg Whitman announced she would not be seeking re-election to the board of directors, ending her professional involvement in HPE.In May 2019, Hewlett Packard Enterprise announced plans to acquire Cray Inc for US$35 per share. The announcement came soon after Cray had landed a US$600 million US Department of Energy contract to supply the Frontier supercomputer to Oak Ridge National Laboratory in 2021. The acquisition was completed in September 2019 in a transaction valued at approximately US$1.4 billion.In December 2020, Hewlett Packard Enterprise disclosed it is relocating its corporate headquarters from San Jose, California to Spring, Texas, a northern suburb of Houston. As of December 2021, HPE headquarters remain at the former HP property and headquarters campus of Compaq in northwest Harris County near SH 249 and Louetta. Construction of the new Springwoods Village campus in Spring is expected to complete sometime in early 2022. Concerns about major flooding at the Compaq complex were a contributing factor for HPE CEO Antonio Neri to have the new campus built. The old campus had previously been flooded by Hurricane Harvey in 2017.


Mission

Hewlett Packard Enterprise advances the way people live and work. What sets us apart? Our people. Our people’s relentless commitment to partner, innovate, and act. Hewlett Packard Enterprise helps customers make their mark on the world with cutting-edge technology solutions. We enable our customers to transform industries, markets, and lives by optimizing their IT to be uniquely suited to their needs. We do this by making Hybrid IT simple, powering the Intelligent Edge, and providing the Expertise to make it happen. Our customers' challenges inspire us to advance technology and create solutions - their success is our success. Let’s make our mark!


Key Team

Mr. Alan Richard May (Exec. VP & Chief People Officer)

Mr. Thomas E. Black Jr. (Exec. VP & GM of Storage)

Ms. Fidelma M. Russo (Exec. VP & CTO)

Ms. Rashmi Kumar (Sr. VP & Chief Information Officer)

Mr. Andrew Simanek (VP, Head of Investor Relations & Director)

Mr. Glenn Leon (Chief Ethics & Compliance Officer, Sr. VP and Deputy Gen. Counsel)

Ms. Jennifer Temple (Exec. VP & Chief Communications Officer)


References
Hewlett Packard Enterprise
Leadership team

Mr. Tarek A. Robbiati M.B.A., M.Sc. (Exec. VP & CFO)

Mr. John F. Schultz (Exec. VP, COO and Head of Operations, Legal & Admin. Affairs)

Products/ Services
Data Center, Enterprise Software, Information Technology, IT Management, Network Security, Wireless
Number of Employees
Above 50,000
Headquarters
Houston, Texas, United States
Established
1939
Company Registration
SEC CIK number: 0000047217
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
NYSE:HPE
Sat Feb 24 2024
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