This article is about the enterprise-focused company that was spun off from Hewlett-Packard. For the predecessor company, see Hewlett-Packard. For the printer and personal computer company, see HP Inc.
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]
HPE was ranked No. 107 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.[5]
Naming
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[6] and has even been incorrectly referred to as "HP Enterprises".[7]
History
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$8.5billion.[8] 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.[9] On November 1, 2016, HPE announced it completed the acquisition, for US$7.75 per share in cash,[10] a transaction valued at approximately US$275million, net of cash and debt.[11]
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.[12] The merger concluded on September 1, 2017.[13]
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."[14]
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.[15]
On April 11, 2017, it was reported that Synack had raised US$21million in a round of funding that included Hewlett Packard Enterprise.[16]
In April 2017, Hewlett Packard Enterprise completed its acquisition of hybrid flash and all flash manufacturer, Nimble Storage Inc, for US$1.2billion 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."[18]
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[19] 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.[20]
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.[21] GreenLake is designed to provide cloud management, cost control, and compliance control capabilities, and will run on AWS and Microsoft Azure.[22] GreenLake includes cloud data services for containers, machine learning, storage, compute, data protection and networking through a management portal called GreenLake Central.[23]
In February 2019, Meg Whitman announced she would not be seeking re-election to the board of directors, ending her professional involvement in HPE.[24]
In May 2019, Hewlett Packard Enterprise announced plans to acquire Cray Inc for US$35 per share.[25] The announcement came soon after Cray had landed a US$600millionUS Department of Energy contract to supply the Frontier supercomputer to Oak Ridge National Laboratory in 2021.[26] The acquisition was completed in September 2019 in a transaction valued at approximately US$1.4billion.[27]
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.[28][29] 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.[30] Concerns about major flooding at the Compaq complex were a contributing factor for HPE CEO Antonio Neri to have the new campus built.[31] The old campus had previously been flooded by Hurricane Harvey in 2017.[32]
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).[64] 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.[65]
HPE's annual Total CO2e Emissions - Location-Based Scope 1 + Scope 2 (in kilotonnes)
Hewlett Packard Labs – the research & development arm of Hewlett Packard Enterprise.
Related Research Articles
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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.
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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.
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The HPE Storage (formerly HP StorageWorks) is a portfolio of HPE storage products, includes online storage, nearline storage, storage networking, archiving, de-duplication, and storage software. HP and their predecessor, the Compaq Corporation, has developed some of industry-first storage technologies to simplify network storage. HP is a proponent of converged storage, a storage architecture that combines storage and compute into a single entity.
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.
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.
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.
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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.
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HP Inc. is an American multinational information technology company headquartered in Palo Alto, California, that develops personal computers (PCs), printers and related supplies, as well as 3D printing services. It was formed on November 1, 2015, as the legal successor of the original Hewlett-Packard after the company's enterprise product and business services divisions were spun off as a new publicly traded company, Hewlett Packard Enterprise.
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.
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"Contact Sales of Support". Hewlett Packard Enterprise. Retrieved February 3, 2022. WW Corporate Headquarters - Houston, TX - United States 11445 Compaq Center Drive West Houston, Texas 77070
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US$29.1 billion (2023)
