The manufacturer of IT solutions Hewlett Packard Enterprise (HPE) intends to continue to buy companies to strengthen its position in the server and cloud computing markets. Bloomberg news agency reported with reference to HPE President, CEO and Chairman of the Board of Directors Meg Whitman,.
"I think you'll see that buying has become a big part of our strategy," said Whitman at HPE Discover. - There are several companies that may be interesting for acquiring. However, the problem lies in the fact that their revenue is $ 20 million, and losses are $ 150 million ".
In 2016, HPE announced several major acquisitions. Among them - the purchase of a manufacturer of storage systems Nimble Storage for 1.2 billion dollars, as well as a developer of equipment for data centers Simplivity for 650 million dollars and a startup Niara, specializing in information security technologies.
As for future acquisitions, Meg Whitman said HPE will focus on the core business (server sales, disk storage and networking equipment) to help customers take advantage of modern technologies such as "Internet stuff" and hybrid clouds.
Since its separation from Hewlett-Packard in 2015, HPE has sold much of the traditional software business and is developing cloud assets that are still inferior in size and development to the products of Cisco, Dell EMC and other companies.
In May 2016, HPE announced the transfer of HPE Enterprise Services (specializing in consulting, outsourcing and systems integration) to a competing company, Computer Sciences Corporation. As a result of this merger in the IT services market, a vendor with annual revenues of $ 26 billion.
In September 2016 HPE announced the withdrawal of the software business in a separate company with the subsequent merger with the British Micro Focus. The transaction cost amounted to 8.8 billion dollars.
"At the time when we were a giant company with six or seven divisions, we had a lot of hungry mouths. Printers, computers and programs needed acquisitions. Now we have a more concentrated strategy, "said Meg Whitman.
According to her, the company intends to develop its business not only through acquisitions, but also through innovation and the HPE Pathfinder ecosystem, which brings together about 25 electronics manufacturers, OS developers and independent software vendors.