Hewlett Packard Enterprise to Acquire SGI to Extend Leadership in High-Growth Big Data Analytics and High-Performance Computing

Hewlett Packard Enterprise to Acquire SGI to Extend Leadership in High-Growth Big Data Analytics and High-Performance Computing

PALO ALTO, CA — (Marketwired) — 08/11/16 — Hewlett Packard Enterprise (NYSE: HPE)Strengthens position in $11 billion HPC segment which is growing at an estimated 6-8% CAGR, and in the data analytics segment, which is growing at over twice that rateExpands presence in key HPC verticals such as government, research, and life sciencesHewlett Packard Enterprise (NYSE: HPE) today announced that it has signed a definitive agreement to acquire SGI (NASDAQ: SGI), a global leader in high-performance