-5 C
Sunday, February 5, 2023

HPE held takeover talks with Nutanix in latest months – report (NYSE:HPE)

Must read

Mrinal Pal/iStock Editorial by way of Getty Photos

Hewlett Packard Enterprise (NYSE:HPE) has expressed takeover curiosity in Nutanix (NASDAQ:NTNX) and held talks with the cloud computing supplier in latest months, Bloomberg reported late Wednesday.

The talks have occurred on and off, and it’s unclear whether or not the 2 corporations can attain an settlement over value, based on the report.

Nutanix (NTNX) closed Wednesday’s buying and selling +4.1%at $28.26, giving it a market worth of ~$6.5B, whereas HPE (HPE) ended+8.5% to $16.78, for a market cap of greater than $21B.

Nutanix (NTNX) reported higher than anticipated FQ1 revenues of $433M and guided for FY 2023 revenues of $460M-$470M.

In the meantime, HPE (HPE) posted $7.87B in revenues for its This autumn, the corporate’s second-best ever quarterly income, and issued a powerful forecast for FY 2023.

More articles


Please enter your comment!
Please enter your name here

Latest article