This article is about the enterprise-focused company that was spun off from Hewlett-Packard. For the predecessor company, see Hewlett-Packard. For the printer and personal computer company, see HP Inc.
Hewlett Packard Enterprise Company
Headquarters in Spring, Texas
Company type
Public
Traded as
NYSE: HPE
S&P 500 component
Industry
Information technology
Predecessor
Hewlett-Packard
Founded
July 2, 1939; 84 years ago (1939-07-02) as Hewlett-Packard, November 1, 2015; 8 years ago (2015-11-01) in San Jose, California
Headquarters
Spring, Texas
,
U.S.
Area served
Worldwide
Key people
Patricia Russo
(Chairwoman)
Antonio Neri
(President and CEO)
Products
Financial technology
Computer hardware
Computer software
Cloud computing
Internet of Things (IoT)
Artificial intelligence
Computer networking
Services
Consulting
Revenue
US$29.1 billion (2023)
Operating income
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
Intelligent Edge
HPC & MCS
Compute
Storage
Financial Services
Hewlett Packard Labs
Subsidiaries
Aruba Networks
Cray
Zerto
Silver Peak Systems
Axis Security
Athonet
Website
hpe.com
Footnotes / references Financials as of October 31, 2023[update][1]
The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas.
HPE was founded on November 1, 2015, in Palo Alto, California, as part of the splitting of the Hewlett-Packard company.[2] 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.[3]
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.[4]
HPE was ranked No. 107 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.[5]
^"2023 Form 10-K". U.S. Securities and Exchange Commission. December 22, 2023. pp. 3, 66, 68.
^"Micro Focus Completes Merger with HPE Software Business, Creating One of World's Largest Pure-play Software Companies". Micro Focus. Retrieved February 28, 2022.
^"Fortune 500 Companies 2018: Who Made the List". Fortune. Archived from the original on November 10, 2018. Retrieved November 10, 2018.
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Global Information
US$29.1 billion (2023)