Hewlett Packard Enterprise Company - HPE STOCK NEWS

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.

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.

Hewlett Packard Enterprise (NYSE: HPE) announced the deployment of a new supercomputer at the University of Hyogo, Japan, aimed at enhancing research capabilities in areas like meteorology, medicine, and physics. This third-generation supercomputer utilizes HPE Apollo systems and advanced AI technologies to support complex data analysis and modeling. It is designed to meet the increasing demands of research institutions and collaborations. The initiative promises improved accuracy in research outcomes and addresses significant societal challenges through enhanced computational power.

Hewlett Packard Enterprise (NYSE: HPE) partners with Patrick Terminals, Australia's largest container terminal operator, to implement the HPE GreenLake edge-to-cloud platform. This collaboration aims to enhance automation and agility in terminal operations by leveraging a private cloud model. Patrick Terminals seeks to address aging IT infrastructure issues and improve operational efficiency across its terminals located in Brisbane, Sydney, Melbourne, and Western Australia. The partnership also emphasizes scalability, allowing the company to adapt to changing business demands while managing costs effectively.

Argonne National Laboratory's Polaris, developed by HPE, aims to enhance AI and scientific projects for the upcoming Aurora exascale supercomputer.

This new testbed supercomputer will provide up to 44 petaflops of double precision performance and nearly 1.4 exaflops of theoretical AI performance. Polaris is built using 280 HPE Apollo Gen10 Plus systems and will support complex research areas, including clean energy and health sciences. Scheduled to be operational in early 2022, it will facilitate user communities in the Exascale Computing Project to tackle significant scientific challenges.

Hewlett Packard Enterprise (HPE) will hold a live audio webcast on September 2, 2021, at 5:00 p.m. ET to discuss its third-quarter financial results for fiscal 2021, which ended on July 31, 2021. Interested parties can access the webcast at www.hpe.com/investor/2021Q3Webcast. A replay will be available for one year after the event. HPE focuses on providing edge-to-cloud platform solutions that enhance organizational outcomes by leveraging data effectively.

Hewlett Packard Enterprise (NYSE: HPE) has partnered with MediaHub, a leader in Australian broadcast services, to launch ArkHub, a new Storage-as-a-Service offering. This solution utilizes the HPE Apollo and Scality object storage technology, allowing customers to manage large volumes of content without incurring ingress and egress fees. MediaHub aims to provide efficient data management for over 400 TV channels and 90 radio stations, while also targeting data-heavy industries such as healthcare and finance for future growth opportunities.

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), has successfully implemented an end-to-end Aruba ESP-based network for the Texas Rangers at Globe Life Field. This deployment enhances game day experiences through digital solutions like mobile ticketing and immersive apps. The system includes advanced wireless, wired, and security features, managing over 200 applications and streamlining operations. The advanced network also facilitates automation, significantly reducing operational costs and improving efficiency, allowing the Rangers to deliver a superior fan experience while managing the challenges posed by the COVID-19 pandemic.

COMLINE SE, a German IT service provider, will transition its cloud and outsourcing services to the HPE GreenLake platform by the end of 2021. This move aims to enhance agility and cost efficiency, allowing for flexible scaling based on customer demand. COMLINE plans to introduce new hybrid cloud services leveraging HPE GreenLake's capabilities, including integrations with ServiceNow and SAP HANA. The company emphasizes a shift from traditional procurement to an elastic service model, simplifying contract management.