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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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Hewlett Packard Enterprise (HPE) collaborates with TELUS to build Canada's first 5G open radio access network across 3,000 sites, enhancing connectivity for urban and rural communities. HPE's ProLiant Gen11 servers support high-performance telecommunications workloads and enable interoperability for a scalable 5G network, driving real-time IoT systems and AI applications. The partnership aims to reduce energy intensity by 50% by 2030.
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University of Maryland selects HPE Aruba Networking solution by Hewlett Packard Enterprise to enhance campus connectivity, save costs, and support academic leadership.
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Hewlett Packard Enterprise (HPE) has announced an agreement with Saskatchewan Polytechnic to modernize its technology environment and deliver enhanced flexibility with the HPE GreenLake edge-to-cloud platform. Sask Polytech, the province’s primary public institution for post-secondary technical education, will utilize the HPE GreenLake platform to ensure business continuity and seamless migration of applications and workloads onto the new environment. The institution will also transition from Hyper-V to VMWare using HPE SimpliVity, seeing improvements to their VDI workloads for remote education. Powerland, an HPE Partner, worked with Sask Polytech to determine their needs and proposed the HPE GreenLake and HPE SimpliVity solutions the school is now using.
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Hewlett Packard Enterprise (HPE) will conduct a live audio webcast to review its financial results for the first quarter of fiscal 2024, ending January 31, 2024. The webcast is scheduled for February 29, at 4:30 p.m. CST (5:30 p.m. ET) and will be available at www.hpe.com/investor/2024Q1Webcast. A replay will also be available at the same website for approximately one year.
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Hewlett Packard Enterprise (HPE) is building a next-generation supercomputer called HPC6 for Eni, one of the world’s largest energy providers, to accelerate AI modeling and simulation and boost energy transition. HPC6 will be one of the world’s most powerful supercomputers owned by an enterprise, featuring AMD EPYC™ CPUs and AMD Instinct™ accelerators, with a theoretical peak performance of 600 petaFLOP/s. The supercomputer will be installed in Eni’s energy efficient Green Data Center in Italy and will support Eni’s research on new energy sources, including renewable energy.
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Hewlett Packard Enterprise (HPE) has sent the HPE Spaceborne Computer-2 to the International Space Station (ISS) to expand space-based edge computing, AI, and machine learning capabilities. The system has been updated with over 130 TB of flash-based storage and will be used to advance innovation and save time by enabling data evaluation in low Earth orbit in near-real time, reducing download times by 30,000 times. Research will include a federated learning (FL) experiment to train ML models and inference engines in space.
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Hewlett Packard Enterprise (NYSE: HPE) has appointed Kristin Major as executive vice president and chief people officer (CPO), effective February 1, 2024, succeeding Alan May. Major has been with HPE since 2011, most recently serving as senior vice president of human resources (HR) and chief talent officer. She has led HR for HPE GreenLake, HPE Aruba Networking, the HPE Transformation Office, and HPE’s chief technology officer. Major's appointment reflects the company's focus on talent strategy and culture, with CEO Antonio Neri expressing confidence in her ability to create an environment where team members can thrive.
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Hewlett Packard Enterprise (HPE) has appointed Neil MacDonald to lead the company’s HPC & AI business segment in addition to leading its Compute business. MacDonald will accelerate HPE’s AI strategy by scaling cloud and software solutions with strong integration of HPE GreenLake. The company also announced that Hewlett Packard Labs will now report to HPE’s Chief Technology Officer. Under MacDonald’s leadership, the Compute business expanded its strategic collaboration with NVIDIA to enhance HPE’s Compute portfolio and build a turnkey enterprise computing solution for GenAI to target a growing market.
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Grossmont Union High School District adopts HPE GreenLake edge-to-cloud portfolio from Hewlett Packard Enterprise to enhance digital education experiences. The district aims to meet the growing demands of data-intensive workloads for classroom and administrative technologies through a simplified, scalable private cloud with predictable costs.
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Hewlett Packard Enterprise (HPE) and Juniper Networks, Inc. (JNPR) have entered a definitive agreement under which HPE will acquire Juniper in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion. The acquisition is expected to double HPE’s networking business, creating a new networking leader with a comprehensive portfolio that presents customers and partners with a compelling new choice to drive business value. The transaction is expected to be accretive to non-GAAP EPS and free cash flow in the first year post close, and is expected to achieve operating efficiencies and run-rate annual cost synergies of $450 million within 36 months post close. The combination is expected to increase the scope of HPE’s networking business and will create meaningful opportunities to provide even more comprehensive solutions to Juniper’s installed base of enterprise customers, communication service providers, and tier-one cloud customers, as well as launches HPE into adjacent large segments, including data center networking, firewalls, and routers.
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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 $22.21 as of November 25, 2024.

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

The market cap of Hewlett Packard Enterprise Company (HPE) is approximately 29.0B.

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

29.00B
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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