Business & Tech

Hewlett-Packard Enterprise Announces It Is Leaving Palo Alto

BREAKING: HPE is moving but will stay in Silicon Valley, the company said Thursday.

PALO ALTO, CA — Hewlett-Packard Enterprise (HPE) announced Thursday it is leaving Palo Alto to set up shop in another Silicon Valley city. The company — which became a separate entity from Hewlett-Packard (HP, Inc.) two years ago this month — says its new corporate headquarters will be at its state-of-the-art HPE Aruba offices in Santa Clara.

HPE plans to "consolidate its Silicon Valley real estate" by selling its Palo Alto building. In addition to HPE's global headquarters in Santa Clara, employees will also be relocated to other newer, nearby sites in San Jose and Milpitas, the company said in a news release Thursday.

"Over the past two years we’ve made tremendous progress towards becoming a simpler, nimbler and more focused company," said Meg Whitman, CEO of HPE. "I’m excited to move our headquarters to an innovative new building that provides a next-generation digital experience for our employees, customers and partners. Our new building will better reflect who HPE is today and where we are heading in the future."

Find out what's happening in Palo Altofor free with the latest updates from Patch.

The HPE Aruba offices "were recently built as a showcase for Aruba’s intelligent workplace technologies," enabling employees to "quickly and efficiently locate each other, find appropriate meeting spaces and use technology to collaborate seamlessly," the company stated.

HPE is expecting to complete the move by the end of 2018.

Find out what's happening in Palo Altofor free with the latest updates from Patch.

In partnership with Palo Alto-based Hewlett-Packard (HP Inc.), HPE says it will continue to jointly support the Founder’s Office of Bill Hewlett and Dave Packard, as well as the nearby Hewlett-Packard Garage in Palo Alto, where Hewlett-Packard was founded.

PALO ALTO, CA: The newly renovated HP garage on Addison Avenue is seen December 8, 2005 in Palo Alto, California. In 1939 Bill Hewlett and Dave Packard started their business, Hewlett Packard, and used this garage as a research lab, development workshop and manufacturing facility for early products such as the audio oscillator. The garage is a historic landmark as is considered the birthplace of Silicon Valley. (Photo by David Paul Morris/Getty Images News/Getty Images)

Meanwhile this week, HP Inc. announced Wednesday the completion of its acquisition of Samsung Electronics Co., Ltd.’s printer business in a deal valued at $1.05 billion.


Lead story image: NEW YORK, NY: Meg Whitman (C), CEO of Hewlett Packard, rings the opening bell at the New York Stock Exchange on November 2, 2015 in New York City. Hewlett Packard officially split into two companies, Hewlett-Packard Enterprise, focused on businesses and HP, Inc, focused on consumers. (Photo by Andrew Burton/Getty Images)

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