Hewlett Packard Enterprise Earlier Announced Deal To Acquire Morpheus Data, Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Hewlett Packard Enterprise (HPE) announced a deal to acquire Morpheus Data. Financial terms of the acquisition were not disclosed.
August 15, 2024 | 7:36 pm
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Hewlett Packard Enterprise (HPE) announced a deal to acquire Morpheus Data. Financial terms were not disclosed, but the acquisition could enhance HPE's cloud management capabilities.
The acquisition of Morpheus Data is likely to strengthen HPE's cloud management offerings, which could positively impact its market position and stock price in the short term. However, the lack of disclosed financial terms adds some uncertainty.
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