In a lot of cases its cheaper to buy a company than it is to develop it from the bottom up. In a lot of cases, these are new areas and markets that HPE is trying to get into and hence didnt want to risk it (and spend a fortune) trying to build the business case. With the products starting to get traction, its easy to buy a company and take it to the next level. Common and predictable and what technology companies have done for decades.
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Shell game for wall street.
It's because they do not know how to think for themselves and to portray the image of a growth company. They are lost and will eventually be made up of a bunch of fragmented companies with multiple systems that will confuse, amuse, diffuse, abuse the employees that are left. It's true. watch.
It's due to all the money they saved in off shoring jobs to Costa Rica. They only make 20% of what US employees make.
For the artificial appearance of "growth" on the balance sheet that investors see.
Easier to hide all the sell-offs of stock and keep the market guessing. The purchases also hide a lot of revenue loss, as they are expected to take a hit. It's a game.... buy and sell, like three card monte in Times Square. Absorb and expend the assets of those companies you absorb, fire more people, keep floating a few more days.
Meg has to make it to this November to be free of the conditions the SEC put in place.
They need to blame their bad financial quarter on something... plus they're laying off people from another site (Roseville), according to an earlier post. Such a mess... everything is falling apart!
Because they have no ability to develop their own products.
Need to spend money on something when not paying employees