Browsing posts tagged: unit
Hewlett Packard Enterprise hits record high after report software unit is for sale

Hewlett Packard Enterprise Co. HPE, +3.17% shares Thursday reached their highest prices since Hewlett-Packard split up after a report that the company is looking to sell its software business in a multibillion-dollar deal. Reuters reported that HPE was negotiating with private-equity firm Thoma Bravo LLC and seeking a price of $8 billion to $10 billion, […]

HP Enterprise seeks up to $10bn from sale of software unit

Hewlett Packard Enterprise is seeking to put the disastrous $11bn acquisition of UK software company Autonomy behind it for good as part of a plan to shed its entire software division, according to people familiar with its plans. The US information technology group hopes to raise $8bn-$10bn from selling the unit, one person familiar with […]