Hewlett Packard Enterprise to spin off software assets in $8.8B transaction

 In an $8.8 billion transaction, Hewlett Packard Enterprise, also known as HPE, will be spinning off its non-core software assets, according to a statement from company CEO Meg Whitman. The assets will be merged with Micro Focus, a British software company, to form a new combined corporation. After separating from Hewlett-Packard last year, HPE forged a business model centered around providing… Read More