Hewlett Packard Enterprise

US DOJ sues to block Hewlett Packard Enterprise's $14 bn Juniper deal

DOJ argued that the acquisition would eliminate competition and would lead to only two companies 'Cisco Systems and HPE' controlling more than 70 per cent of the US market for networking equipment

HCLTech to acquire certain assets of HPE's Communication Tech for $225 mn

IT company HCLTech on Thursday said it will acquire certain assets of Hewlett Packard Enterprise's Communications Technology Group (CTG) for USD 225 million, about Rs 1,874 crore, in an all-cash deal. As part of this agreement, approximately 1,500 employees and 700 contractors with experience of engineering services for telecom industry in various countries -- including Spain, Italy, India, Japan, China, Americas and APAC region -- will be transferred to HCLTech, the companies said in a note. HCLTech in a regulatory filing mentioned that the deal is for "purchase of certain assets (CSS) of Communications Technology Group, a business division of Hewlett Packard Enterprise Company. CSS delivers engineering services to leading global Communications Service Providers (CSPs) leveraging its intellectual properties in a global delivery model" for which "total purchase price is USD 225 million". The deal will strengthen HCL Technologies' presence in telecom vertical by expanding its ...

Poor data management an obstacle to leverage AI in enterprises: Report

The report also found organisations to be failing to understand the compute and networking demands across the end-to-end AI life cycle

Hewlett Packard Enterprise starts deployment of Made-in-India servers

In July last year, HPE revealed its make in India plans in partnership with VVDN Technologies, where it aimed to manufacture around $1 bn worth of high-volume servers in the first 5 yrs of production

UK tech tycoon Mike Lynch called 'massive fraud' mastermind by US

Lynch's lawyer, Reid Weingarten, countered in his opening that the government's narrative paints a black-and-white picture and "that ain't the way the world works"

HP seeks $4 bn in losses from founder Lynch over autonomy fraud: Report

Founder Mike Lynch was found to have inflated Autonomy's revenue alongside his chief financial officer Sushovan Hussain

HPE secures financing commitments for $14 billion Juniper takeover

The financing will eventually be partially replaced 'with a combination of new debt, mandatory convertible preferred securities, and cash on the balance sheet'

Juniper shares climb 23% as Hewlett Packard Enterprise nears $13 bn deal

Juniper has a market value of about $9.6 billion as last close of $30.22. The company's shares were trading at $37.25 on Tuesday, while Hewlett Packard Enterprise's stock fell nearly 8%

We will comply with govt regulations regarding supply restrictions: HP

Apart from this, HP is planning to start the sale of its refurbished devices to expand to smaller towns with affordable products

HP Dragonfly G4 review: Ticks the right boxes for a premium business laptop

Starting at Rs 220,000, the HP Dragonfly G4 stands as a premium business laptop. However, its integrated graphics configuration may not cater to everyone's needs

HPE to start manufacturing servers in India under PLI 2.0 scheme

The company aims to make around $1 billion worth of products from VVDN's plant in Manesar, Haryana, in the next five years

'HPE India won over 350 patents in last 3 yrs, complexity increased'

We are no longer just an infrastructure company that sells computing, storage, and networking, said Cynthia Swarnalatha, VP - Engineering, SW CoE, Compute Business Group, and HPE India Site R&D leader

PE Player Blackstone bets big on Mphasis, to acquire additional 26% stake

Blackstone, Abu Dhabi Investment Authority, UC Investments and GIC to invest $2.8bn to acquire majority stake

Hewlett Packard Enterprise lays out $1 billion savings plan, pay cuts

Chief Executive Officer Antonio Neri flagged concerns about cautious consumers and supply constraints during a post-earnings call

HP plans to invest $500 mn in India to boost manufacturing capabilities

Hewlett Packard Enterprise (HPE) on Wednesday announced its plans to invest USD 500 million in India over the next five years to expand its operations, strengthen manufacturing capabilities and hire more people in the country. The company plans to increase its workforce in India by 20 per cent over the next three to five years. It will hire new engineering talent with expertise in areas of critical importance to customers such as artificial intelligence (AI) and networking, HPE said in a statement. It will also begin construction of a high-tech extension to its Mahadevapura campus in Bengaluru that will be able to house more than 10,000 employees, as well as state-of-the-art R&D facilities, it added. When complete, the 1.3-million sq ft campus will support a broad range of functions including R&D, engineering services, finance and sales. "This strategic investment (of USD 500 million) underscores HPE's long-term commitment to India and will enable the company to grow its ...

Hewlett-Packard bets on device-as-a-service for growth in business

Personal computer maker HP is banking on device-as-a-service (DaaS) solution for small and medium Indian businesses to boost growth. The company, which has a 29.5 per cent share in India's personal computer market (29.5 per cent), says this would help small enterprises reduce capital expenditure for their devices. The US-based hardware technology major started device-as-a-service, which includes computers, security, service and timely replacement of devices, globally two years ago. "We have started this in India about six months back. DaaS is like you buy this thing as an operating model and we provide managed services for enterprises," Ketan Patel, Senior Director, Personal Systems, HP India, told Business Standard, in an interview. Patel added that the company aims to be part of the digital transformation journey if the small enterprises and assist them in technology adoption through an "operating expenditure" model. While HP has already onboarded two key customers, one of them .

HPE ties up with Intel to launch Centre of Excellence in Bengaluru

demonstrate High Performance Computing as a service for customers

HPE announces new shared storage solutions for SMBs

Hewlett Packard Enterprise (HPE) today announced new shared storage solutions that help small and mid-sized businesses (SMBs)