M&A Deal Summary

Hewlett Packard Enterprise Acquires Silicon Graphics International

On August 11, 2016, Hewlett Packard Enterprise acquired technology hardware company Silicon Graphics International for 275M USD

Acquisition Highlights
  • This is Hewlett Packard Enterprise’s 1st transaction in the Technology Hardware sector.
  • This is Hewlett Packard Enterprise’s 7th largest (disclosed) transaction.
  • This is Hewlett Packard Enterprise’s 1st transaction in the United States.
  • This is Hewlett Packard Enterprise’s 1st transaction in California.

M&A Deal Summary
Date 2016-08-11
Target Silicon Graphics International
Sector Technology Hardware
Buyer(s) Hewlett Packard Enterprise
Deal Type Add-on Acquisition
Deal Value 275M USD

Target

Silicon Graphics International

Milpitas, California, United States
website
Silicon Graphics International Corp.is a high-performance computing manufacturer, producing computer hardware and software. Its initial market was 3D graphics computer workstations, but its products, strategies and market positions fluctuated, and the company had its ups and downs over time. SGI products and services are used for high-performance computing (HPC) and big data analytics in the scientific, technical, business and government communities to solve challenging data-intensive computing, data management and virtualization problems.

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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 1 of 20
Sector (Technology Hardware) 1 of 4
Type (Add-on Acquisition) 1 of 18
State (California) 1 of 10
Country (United States) 1 of 16
Year (2016) 1 of 1
Size (of disclosed) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-24 Hewlett Packard Enterprise - Enterprise Services Business

Palo Alto, California, United States

Hewlett Packard Enterprise's Enterprise Services Business is a global provider of IT services to diverse set of customers.

Sell $8.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-07 Hewlett Packard Enterprise - Non-core Assets

Palo Alto, California, United States

HPE's non-core software assets consists of HPE’s Application Delivery Management, Big Data, Enterprise Security, Information Management & Governance and IT Operations Management businesses.

Sell -
Mergr

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