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Exclusive: Hp Enterprise In Talks To Sell Software Unit To Thoma Bravo - Sources


Ron Burgundy
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A trader passes by the post where Hewlett Packard Enterprise Co., is traded on the floor of the New York Stock ExchangeThe negotiations come as HPE Chief Executive Meg Whitman seeks to focus the U.S. company's strategy on networking, storage, data centers and related technology services, after its separation last year from computer and printer maker HP Inc . HPE has received offers for the software unit of as much as $7.5 billion in a sale process managed by investment bank Goldman Sachs Group Inc , the sources said this week. Thoma Bravo has made the highest offer for the assets among the private equity firms that held discussions with HPE, though significant discrepancies in valuation expectations persist and no deal is certain, the people said.




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