Hewlett Packard Enterprise

Last updated

Hewlett Packard Enterprise Company
Company type Public
Industry Information technology
Predecessor Hewlett-Packard
FoundedJuly 2, 1939;85 years ago (1939-07-02) as Hewlett-Packard
November 1, 2015;8 years ago (2015-11-01) in San Jose, California
Headquarters
Spring, Houston, Texas
,
U.S.
Area served
Worldwide
Key people
Products
Services Consulting
RevenueIncrease2.svg US$29.1 billion (2023)
Increase2.svgUS$2.09 billion (2023)
Increase2.svgUS$2.03 billion (2023)
Total assets Increase2.svgUS$57.2 billion (2023)
Total equity Increase2.svgUS$21.2 billion (2023)
Number of employees
62,000 (2023)
Divisions
Subsidiaries
Website hpe.com
Footnotes /references
Financials as of October 31,2023 [1]

The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas.

Contents

HPE was founded on November 1, 2015, in Palo Alto, California, as part of the splitting of the Hewlett-Packard company. [2] It is a business-focused organization which works in servers, storage, networking, containerization software and consulting and support.

The split was structured so that the former Hewlett-Packard Company would change its name to HP Inc. and spin off Hewlett Packard Enterprise as a newly created company. HP Inc. retained the old HP's personal computer and printing business, as well as its stock-price history and original NYSE ticker symbol for Hewlett-Packard; Enterprise trades under its own ticker symbol: HPE. At the time of the spin-off, HPE's revenue was slightly less than that of HP Inc. [3]

In 2017, HPE spun off its Enterprise Services business and merged it with Computer Sciences Corporation to become DXC Technology. Also in 2017, it spun off its software business segment and merged it with Micro Focus. [4] Also in 2024, as part of the change in strategy, HPE's telecommunications business unit, the Communication Technology Group (CTG), was acquired by HCLTech for $225 million. [5]

HPE was ranked No. 107 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. [6]

Naming

HPE campus in San Jose, California HP Enterprise America Center.jpg
HPE campus in San Jose, California

The full name for the company is "Hewlett Packard Enterprise Company", which drops the hyphen that previously existed between the "Hewlett" and "Packard" of the former Hewlett-Packard Company. The company is commonly referred to as "Hewlett Packard Enterprise" or by its initials "HPE".

The company has also been referred to as "HP Enterprise" by some media outlets [7] and has even been incorrectly referred to as "HP Enterprises". [8]

History

IT service management employees hold up the new company's logo rectangle in 2015. Proud @ HPE.jpg
IT service management employees hold up the new company's logo rectangle in 2015.

In May 2016, the company announced it would sell its enterprise services division to one of its competitors, Computer Sciences Corporation in a deal valued at US$8.5 billion. [9] The merger of HPE Enterprise Services with CSC, to form a new company DXC Technology, was completed on March 10, 2017. Approximately 100,000 current HPE employees were affected. More than 30,000 services employees from other areas of the HPE business remained at HPE including technology services support and consulting as well as software professional services.[ citation needed ]

In August 2016, the company announced plans to acquire Silicon Graphics International (SGI), known for their capabilities in high performance computing. [10] On November 1, 2016, HPE announced it completed the acquisition, for US$7.75 per share in cash, [11] a transaction valued at approximately US$275 million, net of cash and debt. [12]

On September 7, 2016, HPE announced a "spin-merge" with Micro Focus, who would acquire HPE's "non-core" software (which included the HP Autonomy unit), and HPE shareholders would own 50.1 percent of the merged company, which would retain its current name. [13] The merger concluded on September 1, 2017. [14]

High-performance processor test bed built by HPE for the Oak Ridge Leadership Computing Facility in 2018 OLCF Welcomes HPE-built Wombat Test System.png
High-performance processor test bed built by HPE for the Oak Ridge Leadership Computing Facility in 2018

In November 2016, PC World wrote that "HPE, and before it, Hewlett-Packard, failed to develop middleware tools to really make a dent in the software market, where other companies like IBM, SAP, and Oracle are excelling," and that "without major software product lines, HPE's integrated offerings won't be as strong as competitors like Dell, which have the software and hardware assets", adding that "If all HPE is doing at this point is focusing largely on hardware, you have to ask what the end game here is." [15]

In September 2016, Hewlett Packard Enterprise transferred two patents to Texas-based wholly owned shell company Plectrum LLC. These two patents were originated at the 3Com Corporation, which was bought by HP in 2010, along with about 1,400 patents. [16]

On April 11, 2017, it was reported that Synack had raised US$21 million in a round of funding that included Hewlett Packard Enterprise. [17]

In January 2017, the company acquired data management platform SimpliVity, the developer of the OmniCube hyper-converged infrastructure appliance, for US$650M. [18]

In April 2017, Hewlett Packard Enterprise completed its acquisition of hybrid flash and all flash manufacturer, Nimble Storage Inc, for US$1.2 billion or US$12.50 per share. In October, Reuters reported that the company had allowed a Russian defense agency to examine a cyber-defense system used by The Pentagon. The report noted: "Six former U.S. intelligence officials, as well as former ArcSight [Hewlett Packard Enterprise] employees and independent security experts, said the source code review could help Moscow discover weaknesses in the software, potentially helping attackers to blind the U.S. military to a cyber attack." [19]

Antonio Neri, President and CEO as of 2018 Antonio Neri, Hewlett Packard Enterprise.jpg
Antonio Neri, President and CEO as of 2018

In November 2017, Meg Whitman announced that she would be stepping down as CEO, after six years at the helm of HP and HPE, stating that, on February 1, 2018, Antonio Neri [20] would officially become HPE's president and chief executive officer. The announcement created controversy leading to a 6% drop in stock price, which quickly recovered during the next few days. [21]

In June 2018, Hewlett Packard Enterprise launched a hybrid cloud service called GreenLake Hybrid Cloud, built on top of HPE's OneSphere cloud management SaaS console, offered under its brand HPE GreenLake. [22] GreenLake is designed to provide cloud management, cost control, and compliance control capabilities, and will run on AWS and Microsoft Azure. [23] GreenLake includes cloud data services for containers, machine learning, storage, compute, data protection and networking through a management portal called GreenLake Central. [24]

In February 2019, Meg Whitman announced she would not be seeking re-election to the board of directors, ending her professional involvement in HPE. [25]

In May 2019, Hewlett Packard Enterprise announced plans to acquire Cray Inc for US$35 per share. [26] The announcement came soon after Cray had landed a US$600 million US Department of Energy contract to supply the Frontier supercomputer to Oak Ridge National Laboratory in 2021. [27] The acquisition was completed in September 2019 in a transaction valued at approximately US$1.4 billion. [28]

In December 2020, Hewlett Packard Enterprise disclosed it is relocating its corporate headquarters from San Jose, California to Spring, Texas, a northern suburb of Houston. [29] [30] As of December 2021, HPE headquarters remain at the former HP property and headquarters campus of Compaq in northwest Harris County near SH 249 and Louetta. Construction of the new Springwoods Village campus in Spring is expected to complete sometime in early 2022. [31] Concerns about major flooding at the Compaq complex were a contributing factor for HPE CEO Antonio Neri to have the new campus built. [32] The old campus had previously been flooded by Hurricane Harvey in 2017. [33]

HPE’s $14 billion acquisition of Juniper Networks was subjected to an investigation by the UK's antitrust watchdog, the Competition and Markets Authority. On June 19, 2024, the Competition and Markets Authority announced that it had initiated a merger inquiry to assess potential competition concerns arising from the deal, setting an August 14, 2024 deadline to decide whether to conduct a full investigation. At the time the deal was announced, HPE had agreed to pay $40 per share in cash for Juniper. [34]

Corporate affairs

The headquarters is in Houston, in a limited purpose annexation area. [35]

Operating segments

CEO Antonio Neri announced in 2019 that he expects all products to be sold 'as a service' by 2022 [37] via HPE Greenlake.

Products

Acquisitions

Company acquiredDate of acquisitionBusinessCountryPrice
Aruba Networks March 2, 2015Network hardwareUS$3B [38]
Rasa NetworksMay 6, 2016Wireless network analyticsUSN/A [39]
Silicon Graphics International (SGI)August 11, 2016Hardware and softwareUS$275M [40]
SimpliVityJanuary 17, 2017Hyperconverged infrastructureUS$650M [41]
Cloud CruiserJanuary 23, 2017Cloud consumption analyticsUSNA [42]
NiaraFebruary 1, 2017Network securityUSN/A [43]
Nimble Storage April 17, 2017StorageUS$1.2B [44] [45] [46]
Cloud Technology PartnersSeptember 5, 2017Cloud servicesUSN/A [47] [48] [49]
Cape NetworksMarch 27, 2018Network securitySouth AfricaN/A [50]
RedPixieApril 10, 2018Cloud consultingUKN/A [51]
PlexxiMay 15, 2018 Software-defined networking USN/A [52]
BlueDataDecember 18, 2018SoftwareUSN/A [53] [54]
MapR August 5, 2019SoftwareUSN/A [55]
Cray September 25, 2019Hardware and software for supercomputers US$1.4B [56] [57]
Scytale February 3, 2020 Web Security USNA [58]
Silver Peak Systems September 21, 2020 SD-WAN US$925 million [59]
Cloud PhysicsFebruary 24, 2021Infrastructure assessmentUSN/A [60]
Determined AIJune 21, 2021SoftwareUSN/A [61]
Zerto July 1, 2021SoftwareIsrael$374 million [62]
AmpoolJuly 7, 2021SoftwareUSN/A [63]
PachydermJanuary 12, 2023Data Versioning and PipelinesUSN/A [64]
AthonetFebruary 24, 2023Private 5GItalianN/A
Axis SecurityMarch 2, 2023Cloud based Security Software(SSE, SASE)IsraelN/A
OpsrampMarch 20, 2023IT operations managementUSN/A
Juniper Networks TBANetwork hardware, AI network operations, Cloud ManagementUS$14B [65]

Note: Aruba Networks was acquired by the Hewlett-Packard Company before demerger and was inducted into Hewlett Packard Enterprise while demerging.

Carbon footprint

HPE reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 30 September 2020 at 343 Kt (-48 /-12.4% y-o-y). [66] The company commits to reduce emissions by 55% by 2025 from 2016 base year, and this science-based target is aligned with the Paris Agreement to limit global warming to 1.5 °C above pre-industrial levels. [67]

HPE's annual Total CO2e Emissions - Location-Based Scope 1 + Scope 2 (in kilotonnes)
Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sept 2021
580 [68] 642 [69] 412 [69] 448 [69] 391 [69] 343 [66] 306 [70]

See also

Related Research Articles

Cray Inc., a subsidiary of Hewlett Packard Enterprise, is an American supercomputer manufacturer headquartered in Seattle, Washington. It also manufactures systems for data storage and analytics. Several Cray supercomputer systems are listed in the TOP500, which ranks the most powerful supercomputers in the world.

<span class="mw-page-title-main">HP Autonomy</span> Defunct British software company

HP Autonomy, previously Autonomy Corporation PLC, was an enterprise software company which was merged with Micro Focus in 2017 and OpenText in 2023. It was founded in Cambridge, United Kingdom in 1996.

<span class="mw-page-title-main">Opsware</span> Software company

Opsware, Inc. was a software company based in Sunnyvale, California, that offered products for server and network device provisioning, configuration, and management targeted toward enterprise customers. Opsware had offices in New York City, Redmond, Washington, Cary, North Carolina, and an engineering office in Cluj, Romania.

NUMAlink is a system interconnect developed by Silicon Graphics (SGI) for use in its distributed shared memory ccNUMA computer systems. NUMAlink was originally developed by SGI for their Origin 2000 and Onyx2 systems. At the time of these systems' introduction, it was branded as "CrayLink" during SGI's brief ownership of Cray Research.

<span class="mw-page-title-main">ProLiant</span> Line of computer servers

ProLiant is a brand of server computers that was originally developed and marketed by Compaq, Hewlett-Packard (HP), and currently marketed by Hewlett Packard Enterprise (HPE). ProLiant servers were first introduced by Compaq in 1993, succeeding their SystemPro line of servers in the high-end space.

<span class="mw-page-title-main">3PAR</span> Manufacturer of systems and software for data storage and information management

3PAR Inc. was a manufacturer of systems and software for data storage and information management headquartered in Fremont, California, USA. 3PAR produced computer data storage products, including hardware disk arrays and storage management software. It became a wholly owned subsidiary of Hewlett Packard Enterprise after an acquisition in 2010.

<span class="mw-page-title-main">Hewlett-Packard</span> American information technology company (1939–2015)

The Hewlett-Packard Company, commonly shortened to Hewlett-Packard or HP, was an American multinational information technology company headquartered in Palo Alto, California. HP developed and provided a wide variety of hardware components, as well as software and related services to consumers, small and medium-sized businesses (SMBs), and fairly large companies, including customers in government, health, and education sectors. The company was founded in a one-car garage in Palo Alto by Bill Hewlett and David Packard in 1939, and initially produced a line of electronic test and measurement equipment. The HP Garage at 367 Addison Avenue is now designated an official California Historical Landmark, and is marked with a plaque calling it the "Birthplace of 'Silicon Valley'".

Eucalyptus is a paid and open-source computer software for building Amazon Web Services (AWS)-compatible private and hybrid cloud computing environments, originally developed by the company Eucalyptus Systems. Eucalyptus is an acronym for Elastic Utility Computing Architecture for Linking Your Programs To Useful Systems. Eucalyptus enables pooling compute, storage, and network resources that can be dynamically scaled up or down as application workloads change. Mårten Mickos was the CEO of Eucalyptus. In September 2014, Eucalyptus was acquired by Hewlett-Packard and then maintained by DXC Technology. After DXC stopped developing the product in late 2017, AppScale Systems forked the code and started supporting Eucalyptus customers.

<span class="mw-page-title-main">Silicon Graphics International</span> Former computer hardware and software company

Silicon Graphics International Corp. was an American manufacturer of computer hardware and software, including high-performance computing systems, x86-based servers for datacenter deployment, and visualization products. The company was founded as Rackable Systems in 1999, but adopted the "SGI" name in 2009 after acquiring Silicon Graphics Inc. out of bankruptcy.

Data Protector software is automated backup and recovery software for single-server to large hybrid enterprise environments, supporting disk storage, tape and cloud storage targets. It provides cross-platform, online backup of data for Microsoft Windows, Unix, and Linux operating systems. The last version to use the OmniBack name was version 4.1, which was retired in 2004.

Silver Peak Systems, Inc. was a company that developed products for wide area networks (WANs), including WAN optimization and SD-WAN. The company was founded in 2004 by David Hughes. Silver Peak shipped its first product, the NX-series hardware appliance, in September 2005, and their first SD-WAN solution, EdgeConnect, in June 2015.

HPE Discover is the Hewlett Packard Enterprise showcase technology event for business and government customers. In 2011, HP Enterprise Business, along with participating independent user groups, combined its annual HP Software Universe, HP Technology Forum and HP Technology@Work into a single event, HP Discover. There are now two HPE Discover events annually, one for the Americas and one for Europe, Middle East and Africa (EMEA). Since the split of Hewlett-Packard into HP Inc and Hewlett Packard Enterprise, HP Discover was replaced with HPE Discover focusing on the enterprise company's products and services.

<span class="mw-page-title-main">Nimble Storage</span>

Nimble Storage, founded in 2008, is a subsidiary of Hewlett Packard Enterprise. It specializes in producing hardware and software products for data storage, particularly data storage arrays that utilize the iSCSI and Fibre Channel protocols, and includes data backup and data protection features.

<span class="mw-page-title-main">HP Cloud</span> Set of cloud computing services

HP Cloud was a set of cloud computing services available from Hewlett-Packard. It was the combination of the previous HP Converged Cloud business unit and HP Cloud Services, an OpenStack-based public cloud. It was marketed to enterprise organizations to combine public cloud services with internal IT resources to create hybrid clouds, or a mix of private and public cloud environments, from around 2011 to 2016.

Cumulus Networks was a computer software company headquartered in Mountain View, California, US. The company designed and sold a Linux operating system for industry standard network switches, along with management software, for large datacenter, cloud computing, and enterprise environments.

<span class="mw-page-title-main">HPE Helion</span>

HPE Helion was Hewlett-Packard's portfolio of open-source software and integrated systems for enterprise cloud computing. It was announced by HPE Cloud in May 2014. HPE Helion grew from under US$300 million to over US$3 billion by 2016. HP closed the public cloud business on 31 January 2016. HP has hybrid cloud and other offerings but the Helion public cloud offering was shut down.

<span class="mw-page-title-main">Cloud28+</span>

Cloud28+ is a worldwide cloud computing services marketplace and federation of cloud computing organizations. It was developed and is sponsored by Hewlett Packard Enterprise (HPE). In December 2016 it was the world's biggest aggregator of cloud computing services.

<span class="mw-page-title-main">Antonio Neri (businessman)</span> HPE CEO

Antonio Neri is an Argentine-Italian-American businessman who currently serves as president and chief executive officer (CEO) of Hewlett Packard Enterprise (HPE). Born in Argentina, he studied engineering at National Technological University and started working for Hewlett-Packard in 1995. Neri joined HPE's board of directors upon his promotion to the president and CEO position in 2018.

Datera was a global enterprise software company headquartered in Santa Clara, California that developed an enterprise software-defined storage platform. Datera was acquired by VMware in April 2021.

References

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  35. ↑ Compare the full street address to the map.
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