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Hewlett Packard Enterprise Co. engages in the provision of information technology, technology and enterprise products, solutions, and services. It operates through the following segments: Hybrid IT, Intelligent Edge, Financial Services, and Corporate Investments. Read More The Hybrid IT segment provides a broad portfolio of services-led and software-enabled infrastructure and solutions. The Intelligent Edge segment comprises of enterprise networking and security solutions for businesses of any size, offering secure connectivity for campus and branch environments, operating under the Aruba brand. The Financial Services segment offers investment solutions, such as leasing, financing, information technology consumption, utility programs, and asset management services. The Corporate Investments segment includes Hewlett Packard Labs and certain business incubation projects. The company was founded in 1939 and is headquartered in Palo Alto, CA.
San Jose, California
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Wall Street JournalMay 17
Hewlett Packard Enterprise to Buy Supercomputer Builder Cray
Hewlett Packard Enterprise Co. agreed to buy supercomputer maker Cray Inc. in a $1.44 billion deal as part of its efforts to invest in high-performance computing. HPE, the business-technology provider born from the 2015 split of Hewlett-Packard Co., said Friday it will pay $35 a share in cash for each Cray share, or more than a 17% premium to the stock’s closing price Thursday. Shares......
New York TimesMay 17
HP Enterprise to Acquire Supercomputer Pioneer Cray
SAN FRANCISCO — Hewlett Packard Enterprise said Friday that it would buy the supercomputer pioneer Cray, a relatively tiny financial transaction that could loom large in a quickening race between the United States and China at the highest reaches of computing.
HP buys US supercomputer maker Cray Inc
Image copyright Getty Images Image caption A Cray supercomputer is used by the Met Office for weather forecasting. Hewlett Packard Enterprise (HPE) has bought Cray Inc, maker of some of the fastest supercomputers in the world. Cray Inc's machines are capable of processing trillions of calculations per second and have been used by the UK's Met Office and GCHQ. Shares in Cray jumped by 18% after announcing the $1.3bn (£1bn) deal. HPE chief executive Antonio Neri said: "Answers to some of society's most pr...
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