Hewlett Packard signs cooperation deal with Elliott, adds tech veteran to board-February 2024-www.financetom.com

Hewlett Packard signs cooperation deal with Elliott, adds tech veteran to board

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Hewlett Packard signs cooperation deal with Elliott, adds tech veteran to board

Jul 16, 2025 5:44 AM

July 16 (Reuters) - Hewlett Packard Enterprise ( HPE )

has entered into a cooperation agreement with activist investor

Elliott Investment Management, the server maker said on

Wednesday.

As part of the agreement, the company's board has named

KLA Corp ( KLAC ) Chairman Robert Calderoni as director.

Elliott had built a stake of more than $1.5 billion in

Hewlett Packard Enterprise ( HPE ), a person familiar with the matter

had

said

in April.

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