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  5. Hewlett Packard Enterprise Acquires Cape Networks

M&A Deal Summary

Hewlett Packard Enterprise Acquires Cape Networks

On March 27, 2018, Hewlett Packard Enterprise acquired internet software and services company Cape Networks

Acquisition Highlights
  • This is Hewlett Packard Enterprise’s 3rd transaction in the Internet Software and Services sector.
  • This is Hewlett Packard Enterprise’s 1st transaction in South Africa.

M&A Deal Summary
Date 2018-03-27
Target Cape Networks
Sector Internet Software and Services
Buyer(s) Hewlett Packard Enterprise
Deal Type Add-on Acquisition

Target

Cape Networks

Cape Town, South Africa
Cape Networks is a software as a service (SaaS) and hardware company. Cape Networks was founded in 2013 and is a based in Cape Town, South Africa.

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Buyer(S) 1

Buyer

Hewlett Packard Enterprise

Spring, Texas, United States
Category Company
Founded 1939
Sector Information Technology
Employees61,000
Revenue 30.1B USD (2024)
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 was founded in 1939 and is headquartered in Spring, Texas.

DEAL STATS #
Overall 8 of 21
Sector: Internet Software and Services M&A 3 of 5
Type: Add-on Acquisition M&A Deals 7 of 18
Country: South Africa M&A 1 of 1
Year: 2018 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-05 Cloud Technology Partners

Boston, Massachusetts, United States

Cloud Technology Partners designs and builds cloud solutions for apps and infrastructures that reduce IT costs and streamline operations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-10 RedPixie Holdings

London, United Kingdom

RedPixie Holdings Ltd. is a provider of cloud consulting, application development and migration services for enterprises looking to move workloads to public cloud. RedPixie Holdings Ltd. was founded in 2010 and is based in London, United Kingdom.

Buy -
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