Hewlett Packard Enterprise
The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas.
Headquarters in Spring, Texas | |
| Company type | Public |
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Traded as |
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| Industry | Information technology |
| Predecessor | Hewlett-Packard |
| Founded | July 2, 1939 as Hewlett-Packard, November 1, 2015 in San Jose, California |
| Headquarters | Spring, Texas , U.S. |
Area served | Worldwide |
Key people |
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| Products | |
| Services | Consulting |
| Revenue | US$29.1 billion (2023) |
| US$2.09 billion (2023) | |
Net income | US$2.03 billion (2023) |
| Total assets | US$57.2 billion (2023) |
| Total equity | US$21.2 billion (2023) |
Number of employees | 62,000 (2023) |
| Divisions |
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| Subsidiaries |
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| Website | hpe |
| Footnotes / references Financials as of October 31, 2023 | |
HPE was founded on November 1, 2015, in Palo Alto, California, as part of the splitting of the Hewlett-Packard company. It is a business-focused organization which works in servers, storage, networking, containerization software and consulting and support.
The split was structured so that the former Hewlett-Packard Company would change its name to HP 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 original NYSE 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.
In 2017, HPE spun off its Enterprise Services business and merged it with Computer Sciences Corporation to become DXC Technology. Also in 2017, it spun off its software business segment and merged it with Micro Focus.
HPE was ranked No. 107 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.