The Business Times

Hewlett Packard Enterprises

Telcos, Media & Tech

HPE annual profit forecast misses estimate on margin crunch

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.
Telcos, Media & Tech

HPE posts strong revenue growth, sees reduced tariff impact

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

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

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.
Companies & Markets

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

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.
Telcos, Media & Tech

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

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

Hewlett Packard Enterprise raises annual profit forecast on AI strength

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

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

Figurines with computers and smartphones are seen in front of Hewlett Packard Enterprise logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration
Companies & Markets

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

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