Hewlett Packard Enterprise

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.

Hewlett Packard Enterprise Company
Company typePublic
IndustryInformation technology
PredecessorHewlett-Packard
FoundedJuly 2, 1939; 85 years ago (1939-07-02) as Hewlett-Packard
November 1, 2015; 9 years ago (2015-11-01) in San Jose, California
Headquarters
Spring, Houston, Texas
,
U.S.
Area served
Worldwide
Key people
Products
ServicesConsulting
RevenueIncrease US$29.1 billion (2023)
Increase US$2.09 billion (2023)
Increase US$2.03 billion (2023)
Total assetsIncrease US$57.2 billion (2023)
Total equityIncrease US$21.2 billion (2023)
Number of employees
62,000 (2023)
Divisions
Subsidiaries
Websitehpe.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.

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]

  1. ^ "2023 Form 10-K". U.S. Securities and Exchange Commission. December 22, 2023. pp. 3, 66, 68.
  2. ^ "Office Locations HPE WW Office Locations". HPE. Retrieved March 20, 2019.
  3. ^ "Hewlett Packard Enterprise Revenue 2013-2019 | HPE". Macrotrends. Retrieved February 7, 2020.
  4. ^ "Micro Focus Completes Merger with HPE Software Business, Creating One of World's Largest Pure-play Software Companies". Micro Focus. Retrieved February 28, 2022.
  5. ^ "HCLTech Forges Ahead in Engineering Services to global Communication Services Providers (CSPs) with purchase of Communications Technology Group assets from Hewlett Packard Enterprise (HPE)". HCLTech (Press release). Retrieved May 23, 2024.
  6. ^ "Fortune 500 Companies 2018: Who Made the List". Fortune. Archived from the original on November 10, 2018. Retrieved November 10, 2018.