And don’t be confused by HP on the American stock market. That’s Helmerich and 
Payne, an oil services company. Hewlett-Packard is HPQ.


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On Tuesday, July 3, 2018, 5:56 PM, Phil Smith III <[email protected]> wrote:

OK, kids, pay attention, because this will be on the exam.

 

In the beginning, there was Hewlett-Packard, or HP. And HP was formless and
huge, and darkness was upon the stock.

 

And the Board made a decision: split the company! And thus was born Hewlett
Packard Enterprise (HPE)-no hyphen, and please don't call us "HP
Enterprise", not sure why, even though some of the internal URLs were at
www.hpenterprise.com <http://www.hpenterprise.com> . HP remained, as "HP
Inc." (HPQ), selling the consumer stuff: laptops, desktops, printers. HPE
took the "S" stuff: Servers, Services, and Software.

 

A few months after the split, HPE announced that they were doing a
"spin/merge": the Services were going to be split off and merging with what
was left of CSC, forming a new entity called DXC.

 

And a while after that, HPE announced that they were selling another "S":
the Software was being sold off to Micro Focus.

 

So some folks went: HP==>HPE==>DXC; some went HP==>HPE==>Micro Focus; some
went just HP==>HPE; and some even stayed as HP the whole time.

 

Employee counts are maybe interesting-these are numbers I've seen, don't
blame me if they're wrong:

HP originally: 300,000

HPE originally, after the split: 70,000

HPE without Services: 11,000

DXC: 170,500 (that "500" is oddly precise; with 170K, you'd think it would
fluctuate that much on a monthly/weekly/daily basis)

But HP now: 50,000 (a lot are missing, eh?)

Micro Focus now: 15,000 (including SUSE and HPE)

 

If you've been confused by all this, don't feel badly-the bloody trade press
can't keep it straight, and that's their job! I've seen references to Meg
Whitman as being "CEO of HP" within the last couple of months, and yes, she
went to HPE. Like, two years ago. So there's no excuse for (them) getting
that wrong.

 

Thus endeth the lesson.


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