Has HPE put itself or its software business up for sale?
Other technology giants that have pursued deals to go private in recent years include #Dell, #TIBCO, Informatica, and #BMC. These companies were looking to transform their business operations for a changing marketplace away from the spotlight of public markets, which tend to react with a hair trigger to each quarter’s results. Private companies may have more leeway to focus on long-term strategies that may not yield results for multiple quarters. Reuters reported last week that sources familiar with the #HPE private equity discussion said that buyout firms are focused on acquiring some software assets that HPE has been considering divesting, and that those are worth between $6 billion and $8 billion. The Reuters report added that the deal was for just the software assets and not the entire company. HPE’s software assets include technology gained in acquisitions such as Vertica Systems, Autonomy, and Mercury. The technologies include data analytics, cloud orchestration, and systems management. That group hasn’t been paying off as strongly as the company’s hardware business has.