Hewlett Packard Enterprises

Hewlett Packard forecasts weak quarterly revenue, shares fall

Analysts expect macroeconomic weakness to continue to pressure the compute, storage and networking sectors

HPE is betting on networking as a major prong of its future expansion with the July acquisition of Juniper Networks for about US$13 billion.

HPE annual profit forecast misses estimate on margin crunch

The company is dealing with tighter margins in part due to building servers with expensive AI chips that have made the machines less profitable

Artificial intelligence has fuelled a wave of demand for powerful servers and other hardware from vendors such as HPE, Dell Technologies and Super Micro Computer.

HPE posts strong revenue growth, sees reduced tariff impact

The technology vendor is under scrutiny from activist investor Elliott Investment Management, which has built a position in the company worth US$1.5 billion that became public in April

The workforce reduction will cost HPE about US$350 million over the next two years, the company says.

Hewlett Packard Enterprise plunges most since 2020 on weak profit outlook, job cuts

Artificial intelligence has fuelled a wave of demand for powerful servers from hardware makers such as HPE, Dell Technologies, and Super Micro Computer

The 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.

US DOJ sues to block Hewlett Packard Enterprise’s US$14 billion Juniper deal

THE US Department of Justice has sued to block Hewlett Packard Enterprise’s US$14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition, according to...

Any deal is expected to include US$6.5 billion of investment-grade unsecured bonds maturing in five to 30 years and a US$3 billion term loan, according to HPE.

Hewlett Packard sounds out investors for US$9.5 billion debt deal

HEWLETT Packard Enterprise (HPE) is sounding out investors on Wednesday (Sep 11) for a potential US$9.5 billion debt package to help fund its acquisition of Juniper Networks.

HPE’s AI server business continues to outperform as computers powered by Nvidia are capable of processing and executing complex commands quickly and efficiently.

Hewlett Packard Enterprise raises annual profit forecast on AI strength

HEWLETT Packard Enterprise (HPE) raised its annual profit forecast on Wednesday (Sep 4), as demand for artificial intelligence (AI) servers continues to pick up owing to higher investments in AI infra...

The deal is also being assessed by Britain’s antitrust enforcer, with a decision due on Aug 14.

Hewlett Packard set for unconditional EU nod for US$14 billion Juniper deal: sources

HEWLETT Packard Enterprise (HPE) is expected to secure unconditional European Union antitrust approval for its US$14 billion acquisition of networking gear maker Juniper Networks, sources familiar wit...

Hewlett Packard Enterprise, or HPE, said in January it would buy networking gear maker Juniper to spruce up its artificial intelligence (AI) offerings.

UK probes Hewlett Packard Enterprise's US$14 billion deal for Juniper Networks

The Competition and Markets Authority has until Aug 14 to decide whether it would refer the deal to a deeper probe