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) 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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University of Stuttgart and Hewlett Packard Enterprise (HPE) to Build Supercomputers Hunter and Herder, Expanding Germany's High-Performance Computing Capabilities (NYSE: HPE)
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Hewlett Packard Enterprise (HPE) announced the appointment of Marie Myers as executive vice president and chief financial officer, effective January 15, 2024. Myers has an extensive financial background, having served as CFO of HP Inc. since 2021 and holding various financial leadership positions at the company for over 20 years. Jeremy Cox, who has been the interim CFO, will return to his previous role as senior vice president, corporate controller, and chief tax officer. Myers' appointment reflects HPE's commitment to driving operational and financial results, as well as its ongoing transformation and growth.
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RaceTrac (NYSE: HPE) collaborates with Hewlett Packard Enterprise to deploy HPE ProLiant servers in every store, enhancing customer experience and optimizing operations. The upgrade also includes HPE Alletra Storage, boosting storage capacity and simplifying data management.
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Hewlett Packard Enterprise (NYSE: HPE) announced at HPE Discover Barcelona 2023 the next series of AI-native and hybrid cloud offerings for machine learning development, data analytics, AI-optimized file storage, AI tuning and inferencing and professional services. These solutions bring together HPE’s leadership in hybrid cloud, supercomputing and AI/ML software to enable organizations to become AI-powered businesses. This is all delivered based on an open, full-stack AI-native architecture that incorporates a curated mix of software and infrastructure designed specifically to accelerate the AI lifecycle.
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Hewlett Packard Enterprise (HPE) (NYSE: HPE) expands its portfolio of purpose-built, AI-native offerings through a strategic collaboration with NVIDIA, aiming to enable enterprises to accelerate AI model training, tuning, and inferencing. The co-engineered, pre-configured AI tuning and inferencing solution is designed to facilitate the customization of foundation models using private data and the deployment of production applications from edge to cloud, offering a comprehensive and accessible AI-native solution for businesses. The new enterprise computing solution for generative AI integrates HPE Machine Learning Development Environment Software, HPE Ezmeral Software, HPE ProLiant Compute, and HPE Cray Supercomputers with the NVIDIA AI Enterprise software suite, including the NVIDIA NeMo framework, to deliver full-stack, out-of-the-box AI solutions. The solution provides the ideal entry point for enterprises of all sizes to start their AI journey, with a focus on AI chatbots and retrieval-augmented generation (RAG) workstreams. HPE Services also offers consulting, workforce training, and deployment solutions, supported by new Global Centers of Excellence for AI and Data in various locations worldwide. Additionally, HPE announced a turnkey supercomputing solution powered by NVIDIA for large enterprises, research institutions, and government organizations, addressing AI model development and training. HPE's new open, full-stack AI-native architecture and the next series of AI-native and hybrid cloud offerings for machine learning development, data analytics, AI-optimized file storage, and professional services were also unveiled at HPE Discover Barcelona 2023.
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Ofinno (NYSE: HPE) selects HPE for private cloud, expects to save up to 90% on monthly operational costs. Founded in 2011, Ofinno is a leading-edge R&D lab for 5G, Wi-Fi, and immersive media technologies, having sold more than 500 patents to consumer electronics, automotive, and telecommunications industries.
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Hewlett Packard Enterprise (HPE) (NYSE: HPE) partners with Korea Telecom (KT) to offer edge-to-cloud connectivity using HPE Aruba Networking EdgeConnect SD-WAN platform. This partnership will provide KT customers with a faster, higher performance, and cost-effective alternative to MPLS networks for global branch office connectivity. HPE also introduces a new globally-managed SD-WAN service for KT customers, leveraging AWS Cloud WAN and HPE Aruba Networking to simplify edge-to-cloud connectivity using the AWS global backbone network.
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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 $24.36 as of January 23, 2025.
What is the market cap of Hewlett Packard Enterprise Company (HPE)?
The market cap of Hewlett Packard Enterprise Company (HPE) is approximately 31.6B.
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
31.58B
1.31B
0.4%
86.79%
2.59%
Communication Equipment
Computer & Office Equipment
United States of America
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