Hewlett Packard Enterprise (NYSE: HPE) is a global edge-to-cloud company that provides information technology products and services to businesses.
HPE offers a range of products and services across several segments:
Compute: Servers and mission-critical systems
Storage: Data storage and management solutions
Intelligent Edge: Networking products and services
High Performance Computing & Artificial Intelligence: Supercomputers and AI solutions
Financial Services: IT financing and investment solutions
Software: Cloud, AI, and data management software
The company was formed in 2015 when Hewlett-Packard split into two separate entities - HP Inc. for personal computers and printers, and Hewlett Packard Enterprise for enterprise hardware and services. HPE is headquartered in Spring, Texas and employs approximately 62,000 people worldwide.
In fiscal year 2023, HPE reported revenue of USD 29.1 billion, a 2% increase from the previous year. The company has been focusing on expanding its edge-to-cloud portfolio and growing its as-a-service offerings through HPE GreenLake. In January 2024, HPE announced plans to acquire networking company Juniper Networks for approximately USD 14 billion, aiming to enhance its networking capabilities.
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