HPE reports Q1 revenue up 16% YoY to $7.85B, vs. $7.82B est., Q2 and FY 2025 guidance below est., and plans to cut ~2,500 staff over 18 months; HPE drops 15%+
these factors are affecting its outlook Moneycontrol : HP to lay off 2500 employees to cut cost Tom Jowitt / Silicon UK : HPE To Axe 2,500 Employees, As Outlook Disappoints TechRadar : HPE set to cut ...
HP Enterprise reports Q1 revenue of $7.7B, up 11% YoY, earnings of $1.4B, up from $267M in Q1 2016, $935M gain from US tax overhaul; stock up 11%+ after hours
Mamta Badkar / Financial Times :
HP Enterprise to acquire flash storage vendor Nimble Storage for about $1B in cash, about 41% above Nimble's roughly $700M market value as of Monday
Hewlett Packard Enterprise hopes the acquisition of the flash-storage systems maker will boost sales — Hewlett Packard Enterprise Co …
Jury awards HP Enterprise $3B in damages from Oracle over 2011 Itanium case; Oracle to appeal
“Five years ago, Oracle made a software … Rich McCormick / The Verge : Oracle owes HP $3 billion in damages for breach of contract, jury says Peter O'Kelly / Peter O'Kelly's Reality Check : Oracle Los...
Jury awards HP Enterprise $3B in damages from Oracle over 2011 Itanium case; Oracle to appeal
Legal case focused on fate of ‘Itanium’ systems — A jury in Silicon Valley on Thursday delivered a resounding victory to Hewlett Packard Enterprise Co. , finding that Oracle Corp. should pay …
HP Enterprise and GE partner to expand IoT offerings across aerospace, oil, gas, and manufacturing industries; HPE will be preferred vendor for Predix service
Arik Hesseldahl / Recode :
HP Enterprise announces spinoff of its enterprise services unit, which will merge with CSC, meets Q2 expectations with $12.71B in sales; stock up 8%+
Jacob Pramuk / CNBC :
Meg Whitman confirms HP split for Nov. 1; HP Enterprise gets new logo but future vision remains vague
Whitman Paints a Vague Picture of Hewlett Packard Enterprise — LAS VEGAS — Meg Whitman, chairwoman and chief executive of Hewlett-Packard, explained her dream Tuesday for Hewlett Packard Enterprise ...
Meg Whitman will lead HP Enterprise, Dion Weisler to head HP's PC and printer unit after split
Arik Hesseldahl / Re/code :