Hewlett Packard Enterprise Company (NYSE:HPE) entered into a definitive agreement to acquire Morpheus Data, LLC on August 15, 2024. The transaction is expected to close early in the fourth quarter of the HPE 2024 fiscal year, subject to customary closing conditions.

Hewlett Packard Enterprise Company (NYSE:HPE) completed the acquisition of Morpheus Data, LLC for approximately $150 million on August 30, 2024. The acquisition date fair value consideration of $147 million primarily consisted of cash paid for outstanding common stock.