Wednesday, April 5, 2017

How HPE plans to spin out its software assets

After playing a key role in the 2015 bifurcation of Hewlett Packard into the consumer-focused #HP Inc. and the enterprise-centric Hewlett Packard Enterprise ( #HPE ), Chris Hsu is busy working on another big split. Hsu, currently HPE’s COO and GM of #HPESoftware, is preparing to spin out much of HPE’s software portfolio to #MicroFocus in a deal announced last September. When the spin is completed, Hsu will also take over as CEO of Micro Focus, which will be a nearly $5 billion software company with a wide portfolio of assets in big data, security, IT operations and more.

http://www.cio.com/article/3187452/software/how-hpe-plans-to-spin-out-its-software-assets.html

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