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Hewlett Packard Enterprise Company - HPE STOCK NEWS

Welcome to our dedicated page for Hewlett Packard Enterprise Company news (Ticker: HPE), a resource for investors and traders seeking the latest updates and insights on Hewlett Packard Enterprise Company stock.

Hewlett Packard Enterprise Company (HPE) is an American multinational information technology enterprise specializing in business-focused solutions. Founded in 2015 after its split from HP Inc., HPE's core operations span across servers, storage, networking, containerization software, and consulting and support services. The company leverages its extensive portfolio to facilitate hybrid cloud solutions and hyperconverged infrastructure, making it a pivotal entity in the IT sector.

HPE's product lines are centered around compute servers, storage arrays, and networking equipment. The company aims to lead the edge-to-cloud market, helping businesses transition seamlessly to hybrid cloud environments. This strategic focus has led to significant advancements in high-performance computing and edge computing solutions.

Recent achievements for HPE include strategic partnerships and innovative projects aimed at enhancing its service offerings. Notable collaborations have been forged in communications and media solutions, furthering its footprint in these dynamic sectors. Additionally, HPE's investments in cutting-edge technologies have bolstered its market presence and client base globally.

Financially, HPE employs a largely outsourced manufacturing model and operates with a workforce of approximately 60,000 employees worldwide. This approach ensures efficiency and scalability, allowing HPE to meet the evolving demands of its enterprise clients.

For the latest updates on HPE, including recent news and financial performance, visit the official HPE news source or trusted financial news platforms.

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Aruba, a Hewlett Packard Enterprise company, has partnered with Columbus Crew to implement a cutting-edge wired and wireless network at Lower.com Field, enhancing fan experience and stadium operations. The installation includes features such as facial recognition ticketing, cashless payments, and high-speed Wi-Fi capable of handling large crowds. These technologies aim to significantly streamline entry processes, reducing wait times by over 50%. This project marks a significant advancement in stadium infrastructure, aligning with HPE's focus on hyper-converged networking solutions.

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Hewlett Packard Enterprise (NYSE: HPE) announced significant advancements in cloud services with the launch of HPE GreenLake for analytics and data protection, targeting a big data market projected to reach $110 billion by 2023. These services are designed to enhance operational efficiency and security, addressing cyberthreats through data protection solutions. HPE GreenLake now serves over 1,200 customers with a total contract value exceeding $5.2 billion, showcasing a 33% year-over-year increase in Annualized Revenue Run Rate.

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Hewlett Packard Enterprise (HPE) has been recognized by Gartner as a Leader in the 2021 Magic Quadrant for WAN Edge Infrastructure, marking the fourth consecutive year for this distinction. This recognition highlights HPE's capabilities in SD-WAN, reflecting a shift from traditional routers to more decentralized cloud-based solutions. The report evaluated 15 vendors based on their vision and executionability. HPE's acquisition of Silver Peak is noted as enhancing its leadership position in the WAN Edge market.

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Hewlett Packard Enterprise (NYSE: HPE) announced a partnership with Chemist Warehouse to modernize its IT infrastructure. The pharmacy chain, which operates over 400 stores and serves 1.5 million customers weekly, will implement a hyperconverged platform and virtual desktop infrastructure (VDI) powered by HPE ProLiant servers. This upgrade aims to enhance productivity, energy efficiency, and operational capabilities as Chemist Warehouse adapts to remote work demands. The new solution is expected to reduce energy consumption by 30%, aligning with the company's sustainability goals.

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Hewlett Packard Enterprise (HPE) announces that its Aruba ESP network has been deployed at the new TQL Stadium for FC Cincinnati, a state-of-the-art venue designed for soccer. Spanning 500,000 square feet, the stadium enhances game day experiences with cashless transactions and seamless connectivity. Aruba's solutions support a fully digitalized environment, including mobile ticketing and rapid food service transactions. The $250 million facility has a capacity of 26,000 and meets FIFA and CONCACAF event requirements, establishing itself as a leading sports venue.

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Hewlett Packard Enterprise (HPE) has appointed Fidelma Russo as its new Chief Technology Officer to spearhead the company's innovation agenda. Her role will focus on developing the HPE Greenlake edge-to-cloud platform. With over 30 years of experience in technology leadership and a background at VMware, Dell EMC, and other firms, Russo's expertise in cloud services and infrastructure is expected to enhance HPE's transformation into a cloud services company. This strategic hire aims to accelerate HPE's market offerings and improve customer experiences.

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Hewlett Packard Enterprise (HPE) reported strong Q3 2021 results with net revenue of $6.9 billion, up 3% sequentially and 1% year-over-year. Intelligent Edge revenue increased 27% to $867 million, while HPC & MCS revenue grew 11% to $741 million. Diluted GAAP EPS was $0.29, exceeding guidance, and non-GAAP EPS rose 31% to $0.47. Free cash flow reached $1.5 billion, up $1.1 billion year-to-date. HPE raised FY21 EPS guidance to $0.80-$0.88 and free cash flow guidance to $1.5-$1.7 billion.

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Hewlett Packard Enterprise (HPE) has finalized the acquisition of Zerto for $374 million, enhancing its HPE GreenLake cloud services portfolio with advanced data management and protection capabilities. The deal positions HPE in the growing data protection market, aiming to generate over $130 million in run-rate revenue with significant software gross margins. This acquisition is expected to boost HPE's recurring revenue and positively impact non-GAAP operating profit starting in FY 2023.

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Hewlett Packard Enterprise (NYSE: HPE) has secured a $2B contract with the National Security Agency (NSA) for a period of 10 years. This partnership will leverage HPE's high performance computing (HPC) technology via the HPE GreenLake platform, aiming to enhance the NSA's capabilities in handling AI and data needs efficiently. Starting in 2022, the collaboration will utilize HPE Apollo systems and ProLiant servers, hosted at a QTS data center, to support intensive data processes.

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FAQ

What is the current stock price of Hewlett Packard Enterprise Company (HPE)?

The current stock price of Hewlett Packard Enterprise Company (HPE) is $22.1 as of November 22, 2024.

What is the market cap of Hewlett Packard Enterprise Company (HPE)?

The market cap of Hewlett Packard Enterprise Company (HPE) is approximately 28.8B.

What does Hewlett Packard Enterprise Company (HPE) do?

HPE is a multinational IT company specializing in servers, storage, networking, containerization software, and consulting services.

When was HPE founded?

HPE was founded in 2015 after its split from HP Inc.

What is HPE's primary goal?

HPE aims to be a leading edge-to-cloud company, enabling hybrid cloud solutions and hyperconverged infrastructure.

What are the main product lines of HPE?

HPE's main product lines include compute servers, storage arrays, and networking equipment.

How many employees does HPE have?

HPE employs approximately 60,000 people worldwide.

What is HPE's manufacturing model?

HPE uses a primarily outsourced manufacturing model to ensure efficiency and scalability.

In which sectors has HPE invested recently?

HPE has made significant investments in communications and media solutions.

What are some recent achievements of HPE?

Recent achievements include strategic partnerships and advancements in high-performance computing and edge computing solutions.

Where can I find the latest news about HPE?

You can find the latest news about HPE on the company's official news source or trusted financial news platforms.

What is HPE’s approach to hybrid cloud solutions?

HPE’s portfolio enables seamless transitions to hybrid cloud environments, facilitating edge-to-cloud solutions.

Hewlett Packard Enterprise Company

NYSE:HPE

HPE Rankings

HPE Stock Data

28.79B
1.29B
0.4%
86.16%
2.55%
Communication Equipment
Computer & Office Equipment
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United States of America
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