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HEWLETT PACKARD ENTERPRISE COMPANY

(HPE)
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Hewlett Packard Enterprise, Facebook and Microsoft Team Up on Low-Carbon Pledge

04/22/2021 | 10:27am EDT

By Stephen Nakrosis

Hewlett Packard Enterprise Co., Facebook Inc. and Microsoft Corp. announced a low-carbon patent pledge that will see the companies offer free patent access to innovators developing low-carbon technologies.

The companies said hundreds of patents that could support technologists developing low-carbon solutions for generating, storing and distributing low-carbon energy will be available royalty-free.

John Frey, chief technologist for sustainable transformation at Hewlett Packard Enterprise, said: "To achieve net-zero emissions by 2050, we need to work together to innovate faster. By opening up these patents, we hope to help accelerate and encourage innovation by enabling others to build upon our work."

The listed patents include power management, enablement of zero-carbon energy sources, efficient data center architecture, and thermal management, the companies said.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

04-22-21 1227ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 0.22% 34864.02 Delayed Quote.13.63%
FACEBOOK INC -4.12% 306.0603 Delayed Quote.16.81%
HEWLETT PACKARD ENTERPRISE COMPANY -0.21% 16.4451 Delayed Quote.39.07%
MICROSOFT CORPORATION -1.81% 247.9338 Delayed Quote.13.51%
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Financials (USD)
Sales 2021 27 659 M - -
Net income 2021 809 M - -
Net Debt 2021 10 903 M - -
P/E ratio 2021 28,8x
Yield 2021 2,94%
Capitalization 21 443 M 21 443 M -
EV / Sales 2021 1,17x
EV / Sales 2022 1,13x
Nbr of Employees 59 400
Free-Float 99,1%
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Technical analysis trends HEWLETT PACKARD ENTERPRISE COMPANY
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 15,80 $
Last Close Price 16,48 $
Spread / Highest target 21,4%
Spread / Average Target -4,16%
Spread / Lowest Target -33,3%
EPS Revisions
Managers and Directors
NameTitle
Antonio Fabio Neri President, Chief Executive Officer & Director
Tarek A. Robbiati Chief Financial Officer & Executive Vice President
Patricia Fiorello Russo Independent Chairman
Kumar Sreekanti Chief Technology Officer & Head-Software
Rashmi Kumar Chief Information Officer & Senior Vice President
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