M&A Deal Summary

Hewlett Packard Enterprise Acquires Athonet

On February 23, 2023, Hewlett Packard Enterprise acquired communications company Athonet

Acquisition Highlights
  • This is Hewlett Packard Enterprise’s 1st transaction in the Communications sector.
  • This is Hewlett Packard Enterprise’s 1st transaction in Italy.

M&A Deal Summary

Date 2023-02-23
Target Athonet
Sector Communications
Buyer(s) Hewlett Packard Enterprise
Deal Type Add-on Acquisition

Target

Athonet

Vicenza, Italy
website
Athonet is a private cellular network technology provider that delivers mobile core networks to enterprises and communication service providers. Athonet is based in Vicenza, Italy.

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Buyer(S) 1

Buyer

Hewlett Packard Enterprise

Spring, Texas, United States

website


Category Company
Founded 2015
Sector Information Technology
Employees60,200
Revenue 29.1B USD (2023)
DESCRIPTION
Entrance to a Hewlett Packard Enterprise office in Sunnyvale, California.
Entrance to a Hewlett Packard Enterprise office in Sunnyvale, California.

Hewlett Packard Enterprise (HPE) is a global enterprise information technology company that offers a variety of products, services, and solutions to businesses and organizations. Its portfolio includes cloud computing solutions, servers, storage, networking equipment, and a range of IT services aimed at helping customers optimize their IT operations, secure their operations, and accelerate digital transformation. HPE focuses on delivering solutions that enable businesses to improve their efficiency, scale their operations, and innovate in their respective markets. HPE was founded in 2015, as a result of the splitting of the original Hewlett-Packard Company into two separate companies, with HPE focusing on the enterprise technology infrastructure, software, and services segments. HPE is headquartered in Spring, Texas.


DEAL STATS #
Overall 17 of 20
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 15 of 18
Country (Italy) 1 of 1
Year (2023) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-12 Pachyderm

San Francisco, California, United States

Pachyderm is a startup that delivers software, based on open-source technology, to automate reproducible machine learning pipelines that target large-scale AI applications. Pachyderm is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-02 Axis Security

Plano, Texas, United States

Axis Security is a cloud security provider through its Security Services Edge (SSE) platform that addresses the need for improved application performance and increased network security as the number of remote users increases and as enterprises continue to migrate applications to the cloud. Its SSE offerings enable access to corporate and public-cloud resources, and the company’s cloud-based platform will build on Aruba’s existing Software-defined Wide Area Network (SD-WAN) and network firewall offering. Axis Security is based in Plano, Texas.

Buy -