HPE On The Rise
The company's $3 billion purchase of Aruba Networks last year was well worth the price tag, said IDC's Mehra. Hewlett Packard Enterprise's Ethernet switchg revenue rose 18.1 percent in the first quarter compared with the year-earlier period to $531 million. The company now owns 9.7 percent of the market, up from 9.2 percent from a year ago – trailing only Cisco.
For its recent second-quarter earnings, HPE, Palo Alto, Calif., reported overall networking revenue of $874 million, up a whopping 57 percent year over year.