Hewlett Packard Enterprise Development LP
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Hewlett Packard Enterprise Development LP - overview
Established
2015
Location
Houston, TX, US
Primary Industry
IT Infrastructure
About
Hewlett Packard Enterprise (HPE) specializes in providing innovative IT solutions that empower organizations to optimize their hybrid cloud infrastructure, enhancing operational efficiency and data management. Founded in 2015, Hewlett Packard Enterprise Development LP is headquartered in Houston, US. The company was established by a diverse team of founders, including Alexander Zwicker, Amos Kunle, and Anurag Aggarwal. HPE operates as a leader in hybrid cloud and IT infrastructure services and has successfully completed 1 deal to date.
It does not have any known subsidiaries. Hewlett Packard Enterprise (HPE) offers a comprehensive portfolio of products and services designed to enable organizations to manage and optimize their IT infrastructure in a hybrid cloud environment. Core offerings include HPE GreenLake, a hybrid cloud solution that allows businesses to deploy and manage resources across both private and public cloud environments, ensuring data control and flexible service management. HPE’s product suite encompasses AI supercomputing, secure networking through HPE Aruba Networking, and advanced storage solutions such as HPE Alletra.
These technologies are utilized by a diverse client base ranging from government agencies to global retail enterprises, effectively addressing challenges in data integration, security, and operational efficiency. HPE's solutions are deployed across various geographical markets including North America, Europe, and Asia-Pacific, supporting customers in sectors such as healthcare, education, and finance. Hewlett Packard Enterprise generates revenue primarily through a subscription-based model associated with its HPE GreenLake services, where clients pay for cloud services based on their consumption. In the most recent year, 2024, HPE reported revenue of USD 30.
13 bn and an EBITDA of USD 4. 75 bn. Transactions typically involve B2B relationships, where enterprise clients engage in longer-term contracts for access to HPE’s products and services, including flagship offerings like HPE ProLiant compute servers and HPE Cray supercomputers. Clients leverage these advanced solutions for critical applications, enhancing their operational capabilities.
The company also generates revenue through direct sales of hardware and software, alongside support services that ensure optimal performance across their technology deployments. Elliott Management has acquired Hewlett Packard Enterprise Development LP, with financial terms undisclosed. This acquisition aims to support the company's growth, although specifics regarding new product launches or geographic expansions have not been detailed at this time. The strategic focus will likely enhance HPE's capabilities in the hybrid cloud market, aligning with their existing product offerings.
Current Investors
Elliott Management
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, Storage Management Software, Systems Management Software
Website
www.hpe.com
Verticals
Artificial Intelligence, Cloud Computing, Cloud Computing, Cloud Computing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Hewlett Packard Enterprise Development LP - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Completed | HPE’s Telco Solutions business | - | ||||||||
| Add-on, Trade Sale | Completed | StackRox, Inc. | - | ||||||||
| Trade Sale | Completed | SGI | - | ||||||||
| Buyout | Completed | Hewlett Packard Enterprise Development LP | - |
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