Following the spin-off, Meg Whitman, former CEO of the conglomerate firm, became CEO of HPE while Dion J. Both companies generate more than $50bn revenues. is a now only a provider of personal computing devices and printing products, while HPE offers technology solutions to corporate customers worldwide. (HPQ) and Hewlett Packard Enterprise (HPE). The deal closed in November 2015 resulting in two publicly trading company: HP Inc.

However, in order to become more agile and to avoid the plague of large conglomerates, the company decided, in October 2014, to spin off its faster-growing and higher margins enterprise hardware and services business from its PC and printers operations. The company was specialized in the development of computing hardware and software and it served both consumers and corporate clients. and Hewlett Packard Enterpriseįounded in 1939 by two Stanford graduates, Hewlett Packard Company was an American multinational company active in the sector of Information Technology. The announced deal will be the largest acquisition by a British firm of a foreign technology company and it represents the latest Hewlett Packard’s move in its attempt to refocus and narrow its business model.Ībout HP Inc. The new company will keep its current name (Micro Focus) and its listing on the London Stock Exchange. On September 7, 2016, Micro Focus and Hewlett Packard Enterprise (HPE) announced an $8.8bn “spin-merge”, where Micro Focus will acquire “non-core” software assets from HPE, and HPE shareholders will hold 50.1 percent of the merged company. Micro Focus International plc (MCRO) – Market cap as of : $5.04bn

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