Hewlett-Packard Enterprise (HPE) is on the acquisition trail again with the purchase of supercomputing pioneer Cray for US$1.3 billion. Continue reading “HP Enterprise buys Cray for US$1.3b”
Dell EMC turned in a stellar performance in Q1 by growing 51.4 percent in server revenue, enabling it to widen the gap with second-place Hewlett Packard Enterprise (HPE) which nevertheless grew an impressive 21.5 percent.
Hewlett Packard Enterprise (HPE) plans to shed 10 percent of its workforce, accounting for at least 5,000 workers globally, according to a Bloomberg report.
Expected to start before the year end, the move is in line with reducing expenses in the midst of global competition.
HPE Chief Executive Officer Meg Whitman has been pushing to delayer the organisation in a bid to become more efficient.