Hewlett Packard Enterprise said to consider selling software assets
8 years, 8 months ago

Hewlett Packard Enterprise said to consider selling software assets

Live Mint  

New York/Seattle/San Francisco: Hewlett Packard Enterprise Co. is considering a sale of some of its software assets as it continues to slim down its operations, according to people familiar with the matter. After splitting from sister company HP Inc. in November, she announced in May she will spin off and merge its business-services division with Computer Sciences Corp. in a deal valued at $8.5 billion for HPE shareholders. The next year, Hewlett-Packard wrote down $8.8 billion connected to the acquisition and said more than $5 billion was the result of accounting practices at the Cambridge, England-based software company. Mercury, which provides tools to measure the effectiveness of clients’ software and technology, was another large acquisition, valued at about $4.5 billion in 2006.

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History of this topic

HP once again slims down: Will spin off to merge non-core software assets with Micro Focus
8 years, 6 months ago

HP once again slims down: Will spin off to merge non-core software assets with Micro Focus

Firstpost  

Hewlett Packard Enterprise Co will spin off and merge its non-core software assets with Britain’s Micro Focus International Plc in a deal worth $8.8 billion, the companies said on Wednesday. The move is part of HPE Chief Executive Meg Whitman’s plans to shift HPE’s strategy to a few key areas such as networking, storage, and technology services since the company …

Hewlett-Packard's rise, fall and future
10 years, 5 months ago

Hewlett-Packard's rise, fall and future

India TV News  

New York: A plaque that reads "Birthplace of `Silicon Valley'" marks the garage in Palo Alto, California, where Hewlett-Packard Co. got its start in the late 1930s. HP paid $1.8 billion in 2010 to buy smartphone pioneer Palm Inc. as customers began shifting spending from PCs to Apple and Android tablets and smartphones. That same day, HP unveiled a $10 …

Hewlett-Packard splits off PC, printer businesses
10 years, 5 months ago

Hewlett-Packard splits off PC, printer businesses

Hindustan Times  

Hewlett-Packard, the iconic US company that started the born-in-a-garage trend in Silicon Valley, announced on Monday that it was splitting into two companies. “Our work during the past three years has significantly strengthened our core businesses to the point where we can more aggressively go after the opportunities created by a rapidly changing market,” Meg Whitman, chief executive officer, HP, …

Hewlett-Packard sales top estimates on corporate demand
11 years, 4 months ago

Hewlett-Packard sales top estimates on corporate demand

Live Mint  

San Francisco: Hewlett-Packard Co. reported fiscal fourth-quarter revenue and profit that topped analysts’ estimates, boosted by corporate demand for servers, personal computers and networking equipment. Whitman’s forecast Net income was $1.41 billion, or 73 cents a share, compared with a $6.85 billion loss, or $3.49 a share, in the fourth quarter of last year. On a conference call with analysts, …

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