The CEO of HPE says that its recent MapR acquisition gives it a lot more big data expertise at an unbeatable price: ‘We got a very good deal’ (HPE) 2019/08/28 00:02:00 Business Insider
Hewlett Packard Enterprise reported earnings on Tuesday, posting profits above Wall Street estimates and raising its full-year fiscal outlook. HPE CEO Antonio Neri told Business Insider that buying the assets of startup MapR was a smart move for the tech giant, which he says gave it more big data acumen at a very good price. "We got a very good deal since we aid less than one time revenues," he said. The acquisition also boosts HPE's big data capabilities at a time the company is looking to expand its data management and processing offerings. Click here for more BI Prime stories. Hewlett Packard Enterprise posted upbeat results when it reported earnings on Tuesday, and its CEO also used the opportunity to tout the tech giant's recent acqusitions, including its decision to buy the assets of big data startup MapR. HPE's shares climbed 4% to $13.46 in after-hours trading after the company reported a better-than-expected fiscal third quarter profit and a stronger full-year outlook. In a conversation with Business Insider, CEO Antonio Neri highlighted the company's decision to buy the assets of floundering startup MapR, in a deal which he said will boosts its big data capabilities.
He was only 35 when he became CEO of Cray, the 47-year-old supercomputing pioneer. 14 years later, he explains why it was time to sell to HPE for $1.3 billion. 2019/08/21 00:00:00 Business Insider
Cray has been led by Pete Ungaro for 14 years. He was only 35 when he took the job and explains why it’s time to sell to HPE.
Cray (CRAY) Reports Q2 Loss, Lags Revenue Estimates 2019/08/02 21:25:03 Zacks Investment Research
Cray (CRAY) delivered earnings and revenue surprises of -17.19% and -4.78%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Earnings Preview: Cray (CRAY) Q2 Earnings Expected to Decline 2019/07/23 14:32:27 Zacks Investment Research
Cray (CRAY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.