Wednesday, November 25, 2015

Meg Whitman: Dell's $67 billion acquisition of EMC is the exact opposite of what HPE is doing

When #Dell announced its planned $67 billion acquisition of storage giant #EMC, one person couldn't wait to come out as a naysayer: #HewlettPackardEnterprises CEO Meg Whitman.

She immediately sent an email to her troops pointing out what she described as the downsides of the merger and claimed that her new company, #HPE, was "two years ahead of the game and it will be difficult for others to catch up."

It's hard to see HPE as ahead of the game when it's been in the middle of a years-long painful restructuring, splitting itself in two, with shrinking revenues and massive layoffs.

So on Tuesday, after #HP reported its last ever earnings as a consolidated company, she explained to analysts what she meant:

http://www.businessinsider.com/meg-whitman-dellemc-merger-is-backward-2015-11

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