Hewlett Packard Enterprise Exploring Software Unit Sale
On Sept. 1, multiple media outlets reported that HP Enterprise is shopping its software division, citing sources familiar with the matter. The negotiations come as CEO Meg Whitman looks to narrow the company’s focus on servers, networking, storage, and related data center technology. We think the potential sale of the software business is a good strategic move and aligns well with our long-term thesis that is centered around HP Enterprise’s continued penetration into the IT infrastructure hardwa...Hewlett Packard Enterprise is a technology company. The company's segments are: Hybrid IT, which provides a portfolio of infrastructure and solutions including servers, storage, and HPE Pointnext services; Intelligent Edge, which is comprised of cloud solutions that include wireless local area network, campus and data center switching, software-defined wide-area-networking, security, and associated services to enable secure connectivity; Financial Services, which provides investment solutions for customers that facilitate technology deployment models; and Corporate Investments, which includes Communications and Media Solutions, Hewlett Packard Labs and certain business incubation projects.
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