HPE timeline: Spin-offs, sells and buys

By Sejuti Das Mar 8th 2017
HPE timeline: Spin-offs, sells and buys

After HPE's separation from the mothership, the company underwent hurried acquisitions and massive core business trim down. Here is a timeline of the turnaround efforts undertaken by HPE.

Two years after the Silicon Valley giant, Hewlett-Packard split into two companies, one half of the whole, Hewlett-Packard Enterprise (HPE), continues its buying and selling spree with the latest buyout of data storage provider Nimble Storage.

After HPE's separation from the mothership at the end of 2014, the company underwent hurried acquisitions and massive core business trim down in order to focus on key hardware segments and invest in new markets, particularly in the hybrid IT space. Here is a timeline of the turnaround efforts undertaken by HPE: 

Also read:  Hewlett-Packard: A story of success and innovation

HP acquired Aruba Networks

In March 2015, Hewlett-Packard (HP) acquired a wireless networking and mobility services company, Aruba Networks, for roughly USD 3 billion. The deal was closed in the second half of the year, post the company’s corporate split. The purchase helped HP in closing a widening gap between Cisco and HPE in the wireless LAN market. The acquisition also provided Aruba Networks with a much-needed boost in the areas of funding, channel presence, and services.

HP sold TippingPoint to Trend Micro

Soon after Dell bought EMC and Western Digital bought SanDisk, HP divested its TippingPoint network security business to TrendMicro for USD 300 million. The deal came in before HP completed the break-up of its business and was aimed as an effort to focus on its strengths as part of this transition. This acquisition also positioned Trend Micro as the one-stop security provider of dynamic threat defense solutions.

HPE spun out its enterprise services business

Approximately eight months post the split, HPE continued to slim down by divorcing itself from its service arm and selling it to Computer Sciences Corp. (CSC), for approximately USD 8.5 billion. This deal was aimed to reshape HPE in order to boost growth amid new competition in the cloud and focus towards building its software-defined infrastructure capabilities.

Also read:  HPE rejigs top management in India

HPE sold off non-core software assets

With a purpose of slimming down even more, HPE sold off a load of its non-core software assets in a spin-off merger with Micro Focus, in September 2016. The deal wasn’t marked to divest systems software products that are core to HPE’s cloud and infrastructure management strategy, rather boost its data analytics business as well as selling heavy duty computing systems.

HPE bought SimpliVity

Beefing up its hyper-converged system lineup, HPE acquired SimpliVity for USD 650 million, at the starting of this year. The purchase was aimed to expand the company’s existing infrastructure, automation and cloud services with SimpliVity’s platform.

HPE acquired Niara

In order to enhance the Aruba ClearPass offering, HPE scooped a behavioral security analytics firm, Niara, in February 2017. Integrating Niara’s advanced behavioral analytics with ClearPass helped HPE to create a complete visibility and attack detection system.

HPE to buy Nimble Storage

While doubling-down in flash storage, HPE is now planning to buy a data storage provider, Nimble Storage, for USD 1.09 billion. With this acquisition, which is expected to close in April, HPE wants to jumpstart its storage business with a broader range of flash storage options. The company is planning to add Nimble's InfoSight predictive analytics platform to its storage portfolio.

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