This article is about the enterprise-focused company that was spun off from Hewlett-Packard. For the predecessor company, seeHewlett-Packard. For the printer and personal computer company, seeHP Inc.
Footnotes / references Financials as of October 31, 2023[update].[1]
TheHewlett Packard Enterprise Company (HPE) is an American multinationalinformation technology company based inSpring, Texas. It is a business-focused organization which works in servers, storage, networking, containerization software and consulting and support. HPE was ranked No. 107 in the 2018Fortune 500 list of the largest United States corporations by total revenue.[2]
HPE was founded on November 1, 2015, inPalo Alto, California, as part of the splitting of theHewlett-Packard company.[3] The split was structured so that the former Hewlett-Packard Company would change its name toHP 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 originalNYSE 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.[4] The company relocated to Texas in 2020.[5]
In 2017, HPE spun off its Enterprise Services business and merged it withComputer Sciences Corporation to becomeDXC Technology. Also in 2017, it spun off its software business segment and merged it withMicro Focus.[6] Also in 2024, as part of the change in strategy, HPE's telecommunications business unit, the Communication Technology Group (CTG), was acquired byHCLTech for $225 million.[7]
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[8] and has even been incorrectly referred to as "HP Enterprises".[9]
Logo used from November 2015 to June 2025IT 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 atUS$8.5 billion.[10] The merger of HPE Enterprise Services with CSC, to form a new companyDXC 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 acquireSilicon Graphics International (SGI), known for their capabilities in high performance computing.[11] On November 1, 2016, HPE announced it completed the acquisition, forUS$7.75 per share in cash,[12] a transaction valued at approximatelyUS$275 million, net of cash and debt.[13]
On September 7, 2016, HPE announced a "spin-merge" withMicro Focus, who would acquire HPE's "non-core" software (which included theHP Autonomy unit), and HPE shareholders would own 50.1 percent of the merged company, which would retain its current name.[14] The merger concluded on September 1, 2017.[15]
High-performance processor test bed built by HPE for the Oak Ridge Leadership Computing Facility in 2018
In September 2016, Hewlett Packard Enterprise transferred two patents to Texas-based wholly owned shell company Plectrum LLC. These two patents were originated at3Com Corporation, which was bought by HP in 2010, along with about 1,400 patents.[16]
On April 11, 2017, it was reported thatSynack had raisedUS$21 million in a round of funding that included Hewlett Packard Enterprise.[17]
In April 2017, Hewlett Packard Enterprise completed its acquisition of hybrid flash and all flash manufacturer,Nimble Storage Inc, forUS$1.2 billion orUS$12.50 per share. In October,Reuters reported that the company had allowed a Russian defense agency to examine a cyber-defense system used byThe 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."[19]
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[20] 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.[21]
In June 2018, Hewlett Packard Enterprise launched ahybrid cloud service called GreenLake Hybrid Cloud, built on top of HPE's OneSphere cloud managementSaaS console, offered under its brand HPE GreenLake.[22] GreenLake is designed to provide cloud management, cost control, and compliance control capabilities, and will run onAWS andMicrosoft Azure.[23] GreenLake includes cloud data services for containers, machine learning, storage, compute, data protection and networking through a management portal called GreenLake Central.[24]
In February 2019, Meg Whitman announced she would not be seeking re-election to the board of directors, ending her professional involvement in HPE.[25]
In May 2019, Hewlett Packard Enterprise announced plans to acquireCray Inc forUS$35 per share.[26] The announcement came soon after Cray had landed aUS$600 millionUS Department of Energy contract to supply theFrontier supercomputer toOak Ridge National Laboratory in 2021.[27] The acquisition was completed in September 2019 in a transaction valued at approximatelyUS$1.4 billion.[28]
In December 2020, Hewlett Packard Enterprise disclosed it is relocating its corporate headquarters from San Jose, California, toSpring, Texas, a northern suburb of Houston.[29][30] From December 2021 to April 2022, HPE headquarters was located at the former HP property and headquarters campus ofCompaq in northwest Harris County nearSH 249 and Louetta. Construction of the new Springwoods Village campus in Spring was completed in early 2022.[31] Concerns about major flooding at the Compaq complex were a contributing factor for HPE CEO Antonio Neri to have the new campus built.[32] The old campus had previously been flooded byHurricane Harvey in 2017.[33] In April 2022, HPE relocated from the Compaq complex to its recently finished Spring campus,[31] coinciding with the sale of the former complex to Mexican beverage distributor Mexcor that month.[34][35]
HPE's proposed $14 billion acquisition ofJuniper Networks was subjected to an investigation by the UK'santitrust watchdog, theCompetition and Markets Authority. On June 19, 2024, the Competition and Markets Authority announced that it had initiated a merger inquiry to assess potential competition concerns arising from the deal, setting an August 14, 2024 deadline to decide whether to conduct a full investigation. At the time the deal was announced, HPE had agreed to pay $40 per share in cash for Juniper.[36] In January 2025, theUS Department of Justice Antitrust Division filed an antitrust lawsuit against HPE to block its acquisition of Juniper Networks, alleging that the proposed deal would raise prices, harm competition, and reduce innovation.[37] Following a settlement with the DOJ, in which HPE agreed to divest theirInstant On wireless division and license the source code for Juniper's Mist AI (a key component of Juniper's WLAN products), the acquisition was completed on July 2, 2025.[38][39] Later that month,Axios reported that theU.S. Intelligence Community had earlier directly intervened to persuade DOJ to allow the acquisition, arguing that blocking the merger would have harmed U.S. companies and strengthened Chinese competitors—particularlyHuawei—framing the decision as critical to national security.[40] In September 2025, attorneys general from 20 states voiced support of further investigation in a letter to the courts. The letter proposed that the acquisition may not be in the best interest of the public.[41]
HPE reported TotalCO2e emissions (Direct + Indirect) for the twelve months ending 30 September 2020 at 343 Kt (-48 /-12.4% y-o-y).[77] The company commits to reduce emissions by 55% by 2025 from 2016 base year, and thisscience-based target is aligned with theParis Agreement to limit global warming to 1.5 °C above pre-industrial levels.[78]
HPE's annual Total CO2e Emissions - Location-Based Scope 1 + Scope 2 (in kilotonnes)
US$30.1 billion (2024)
