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HPE held takeover talks with Nutanix in recent months - report

Nov. 30, 2022 10:12 PM ETHewlett Packard Enterprise Company (HPE), NTNXBy: Carl Surran, SA News Editor8 Comments

Hewlett Packard

Mrinal Pal/iStock Editorial via Getty Images

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

The talks have occurred off and on, and

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Comments (8)

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It seems the major driving force of the stock price is acquisition rumors, first Bain a couple of months back, and now HPE.

Growth in the low teens the past couple of years is not particularly encouraging, but glad to see they are possibly pulling the nose of the plane up. Still, the substantial net losses are keeping me away from this one.
rando_on_the_internet profile picture
@thepsakis "glad to see they are pulling the nose of the plane up"

First day of pilot school they teach you if you are stalling you push the nose *down*
@rando_on_the_internet True, but for several years now, this company’s financials have been straight nose dive for net income. Revenue would grow, but so would losses.

Nose up!
InvestmentFreak profile picture
Bids should come in at 45+
Lol these 2 comments underneath 180 degree from eachother
@Wolfdinger lol - guess the truth is somewhere in the middle. Forcasted growth of 12% YoY is rather modest for the current valuation..
FaultyR0M profile picture
Nutanix is on its way to Chapter 11 and their product is messy legacy software. Not much value here. Unless HPE can buy them for really cheap I hope there's no deal. HPE been doing really well recently, and their Green Lake platform is superior anyway.
Nutanix is a great company and has the leading product in the HCI space. A sale to HPE would be tragic for such a great performing company. They did it with SimpliVity, they'd do it again with Nutanix.

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