Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Hewlett Packard Enterprise Company    HPE

HEWLETT PACKARD ENTERPRISE COMPANY

(HPE)
  Report
Delayed Quote. Delayed Nyse - 02/27 04:04:55 pm
12.58 USD   -3.53%
02/27HEWLETT PACKARD : Boosting Business With Hybrid Cloud
AQ
02/19Companies Make Push to Give Workers Time to Vote
DJ
02/19Companies Make Push to Give Workers Time to Vote
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Hewlett Packard : Cumulus Networks Partners with Hewlett Packard Enterprise to Deliver Open Storage Networking Platforms for the Modern Data Center

share with twitter share with LinkedIn share with facebook
share via e-mail
01/08/2020 | 09:18am EST

HPE will feature Cumulus Linux and NetQ with all HPE storage networking products

London, U.K. - - Cumulus Networks, the leader in building open, modern, and scalable networks, today announced the company has partnered with Hewlett Packard Enterprise (NYSE:HPE), a leader in enterprise information technology, to bring open, highly automated and scalable storage networking solutions to rapidly expanding data centers. As of today, HPE's StoreFabric M-Series Ethernet Switches will run Cumulus Linux and NetQ, delivering a flexible networking fabric that is predictable, scalable and reliable.

With the continued growth of data and companies taking advantage of new technologies such as AI, 5G and IoT, businesses need more options to handle the new demands being placed on the network. These performance intensive applications require high performance, all-flash storage infrastructure with deeper levels of automation, and they need a networking solution to match, which legacy storage networking solutions simply can't provide. Together, Cumulus and HPE are providing organisations with the only open, fully automated and high-performance storage networking fabric needed in today's modern data center.

"Many modern data centers feature all flash storage architectures designed to meet the needs of high-performance applications, but what's often limited these applications from reaching their true potential was networking," said Josh Leslie, CEO of Cumulus Networks. "The combination of Cumulus Linux and NetQ with HPE's M-Series Ethernet Switches now provides organisations a more open, flexible networking fabric that is predictable, scalable, and reliable to help drive businesses forward."

Designed for the highest performance and most scalable storage workloads, the M-Series switches with Cumulus Linux and NetQ provide the highest bandwidth and the lowest-latency for a cost-effective solution to connect primary, secondary, hyperconverged, NAS or object storage systems and are ideal for building an Ethernet Storage Fabric (ESF).

Breaking Complexity of Hyperconvergence with Open Networking

With open networking, customers can choose the components that best fit their needs in order to optimise and automate their data centers. The integrated combination of M-Series Ethernet Switches and Cumulus Networks is the ideal way to achieve agility, providing customers with increased choice and the ability to tune their data center networks to their requirements to improve pace of innovation, efficiency and automation.

"Storage networks built on M-series switches deliver high levels of performance and ultra-low latency," said Marty Lans, General Manager Storage Connectivity, HPE. "Adding Cumulus Linux and NetQ to the M-series now provides enterprises with greater network flexibility, increased scale, and deeper levels of automation making this a compelling solution for Ethernet Storage Fabrics."

Contact Cumulus Networks for more information and to learn how you can get started.

About Cumulus Networks

Cumulus Networks provides networking software to design, run, and operate modern data centers that are simple, open, agile, resilient, and scalable. Cumulus Linux is the only open networking software that allows you to affordably build and efficiently operate your network like the world's largest data center operators, unlocking vertical network stacks. Combined with Cumulus NetQ, an operational management tool, organisations can take advantage of deeper analytics and advanced telemetry to increase visibility across the network and reduce mean time to resolution. Cumulus Networks has more than 2,000 customers globally and has received venture funding from Andreessen Horowitz, Battery Ventures, Sequoia Capital, Telstra Ventures, Peter Wagner, four of the original VMware founders, among others. For more information, please visit www.cumulusnetworks.com.

CUMULUS, the Cumulus Logo, CUMULUS NETWORKS, and the Rocket Turtle Logo (the "Marks") are trademarks and service marks of Cumulus Networks, Inc. in the U.S. and other countries. You are not permitted to use the Marks without the prior written consent of Cumulus Networks.

Media Contact

Octopus Group PR for Cumulus

cumulus@octopusgrp.com

Source: RealWire

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on HEWLETT PACKARD ENTERPRISE
02/27HEWLETT PACKARD : Boosting Business With Hybrid Cloud
AQ
02/19Companies Make Push to Give Workers Time to Vote
DJ
02/19Companies Make Push to Give Workers Time to Vote
DJ
02/18If Apple is hurting due to the coronavirus, its suppliers and rivals likely a..
RE
02/17Xerox courts HP shareholders as takeover battle heats up
RE
02/17Xerox courts HP shareholders as takeover battle heats up
RE
02/13HEWLETT PACKARD : Proxy Statement (definitive)
PU
02/13HEWLETT PACKARD : SEC Filing - DEF 14A
PU
02/13HEWLETT PACKARD ENTERPRISE CO : Results of Operations and Financial Condition, F..
AQ
02/13HEWLETT PACKARD ENTERPRISE COMPANY : Report
CO
More news
Financials (USD)
Sales 2020 29 044 M
EBIT 2020 2 812 M
Net income 2020 1 387 M
Debt 2020 9 704 M
Yield 2020 3,84%
P/E ratio 2020 10,9x
P/E ratio 2021 9,43x
EV / Sales2020 0,89x
EV / Sales2021 0,86x
Capitalization 16 268 M
Chart HEWLETT PACKARD ENTERPRISE COMPANY
Duration : Period :
Hewlett Packard Enterprise Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HEWLETT PACKARD ENTERPRISE
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 16,87  $
Last Close Price 12,58  $
Spread / Highest target 59,0%
Spread / Average Target 34,1%
Spread / Lowest Target -4,61%
EPS Revisions
Managers
NameTitle
Antonio Fabio Neri President, Chief Executive Officer & Director
Patricia Fiorello Russo Chairman
Tarek A. Robbiati Chief Financial Officer & Executive Vice President
Mark R. Potter CTO & Director-Hewlett Packard Labs
Daniel Ammann Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
HEWLETT PACKARD ENTERPRISE COMPANY-20.68%16 268
DELL TECHNOLOGIES INC.-10.62%33 517
HP INC.10.51%33 002
SEAGATE TECHNOLOGY PLC-18.72%13 330
GOERTEK INC.-5.93%11 517
LENOVO GROUP LIMITED-2.86%7 862