Hewlett Packard Enterprise

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Hewlett Packard Enterprise Co.
Public
Traded as NYSEHPE
S&P 500 component
Industry Information technology
Predecessor Hewlett-Packard
Founded November 1, 2015; 8 years ago (2015-11-01)
Headquarters 3000 Hanover Street, Palo Alto, California, United States
Area served
Worldwide
Key people
Patricia Russo
(Chairwoman)
Meg Whitman
(President and CEO)
Revenue US$ 52.107 billion (2015)
Number of employees
Decrease240,000 (2015)
Divisions
  • Group (services, storage, network, networking, consulting, support)
  • Services
  • Software
  • Financial Services
Slogan Accelerating Next
Website www.hpe.com

Hewlett Packard Enterprise Company (HPE) is an American multinational information technology enterprise company, founded 1 November 2015 as part of the now-split Hewlett-Packard company.

Enterprise is a business-focused organization with four divisions: Enterprise Group, which works in servers, storage, networking, consulting and support; Services; Software; and Financial Services.

The company is based in Palo Alto, California.[1]

The split was structured so that the old Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a newly-created company. HP Inc., which retained the old HP's personal computer and printing business, retained the old HP's stock-price history and the original NYSE ticker symbol for Hewlett-Packard, while Enterprise trades under its own ticker symbol, "HPE." According to notes from 2015, HPE's revenue was slightly less than that of HP Inc.

In May 2016, the company announced it would sell its business services division to one of its competitors, Computer Sciences Corporation in a deal valued at $8.5 billion.[1]

Naming

The full name for the company is Hewlett Packard Enterprise Co., dropping the hyphen that previously existed between the "Hewlett" and "Packard" of the former Hewlett-Packard Company. During and since the separation many media outlets have incorrectly named the new organization, notably using "HP Enterprises"[2] or "HP Enterprise"[3][4]

Executive leadership

Products

See also

References

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External links

Official website

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