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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 ]
The company was formed on November 1, 2015, as the legal successor of the original Hewlett-Packard Company after the company's enterprise product and business services divisions were spun off as a new publicly traded company, Hewlett Packard Enterprise. [4] HP is listed on the New York Stock Exchange and is a constituent of the S&P 500 Index.
The split, which was first reported by The Wall Street Journal and confirmed by other media, resulted in two publicly traded companies on November 1, 2015: Hewlett Packard Enterprise and HP Inc. The split was structured so that Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a new publicly traded company.
Hewlett-Packard logo. A welcome sign at the main entrance of the HP headquarters in Palo Alto. Hewlett-Packard, commonly referred to as HP, was an electronics technology company based in Palo Alto, California. Before its 2015 split into two companies, it was known as a leading developer and manufacturer of personal computers, enterprise servers ...
Hewlett Packard Enterprise. CEO: Meg Whitman (November 2, 2015 -February 1, 2018) Current: CEO: Antonio Neri (February 1, 2018) [6] References
DXC Technology was founded on April 3, 2017, through a merger between Hewlett Packard Enterprise’s Enterprise Services business unit and Computer Sciences Corporation. The company provided business-to-business IT services. [5] It began trading on the New York Stock Exchange under the symbol DXC. [6]
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In May 2008, HP and EDS announced that they had signed a definitive agreement under which HP would purchase EDS at a price of $25.00 per share, or an enterprise value of approximately $13.9 billion. The terms of the transaction were unanimously approved by the HP and EDS boards of directors. The transaction closed on 26 August 2008.