By Mark Haranas
Publication Date: 2026-05-13 12:00:00
‘On May 13, 2026, [HPE] closed the sale and disposition of 13.8 percent of the aggregate issued share capital of H3C Technologies Co., Limited held by certain subsidiaries of HPE… for approximately $986.8 million,” HPE said in a filing with the U.S. Securities and Exchange Commission.
Just released a new unified data platformHPE completed the sale of 13.8 percent of its stake in the Chinese IT solutions subsidiary H3C Technologies to a variety of Chinese companies for almost a billion dollars.
Big sale significantly expands Spring, Texas-based tech giant’s cash flow as HPE continues double the commitment to innovation.
“On May 13, 2026, [HPE] closed the sale and disposition of 13.8 percent of the total issued share capital of H3C Technologies Co., Limited held by certain subsidiaries of HPE… for approximately US$986.8 million,” HPE said…