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CRN Exclusive: HPE CEO Meg Whitman On The Spin-Off Software Merger, Dell's Debt Burden And Cisco's Storage Problem

HPE CEO Meg Whitman discusses the company's decision to spin off 'non-core' software assets in an $8.8 billion deal with Micro Focus as well as how HPE is positioned against Dell after its acquisition of EMC.

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More Blockbuster Moves By HPE

Hewlett Packard Enterprise CEO Meg Whitman spoke with CRN after the company announced it was spinning off and merging its non-core software assets, including its big data and security software, to British multinational software maker Micro Focus in a deal valued at $8.8 billion.

Under the terms of the deal, Palo Alto, Calif.-based HPE will spin off its big data, enterprise security, application delivery management, IT governance and IT operations management software for a 50.1 percent stake in the new company plus a $2.5 billion cash payment prior to the completion of the merger.

Whitman spoke with CRN about the spin-off software merger, Dell's debt burden and Cisco's storage problem.

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