Separation on track to occur on November 1, 2015
PALO ALTO, Calif. October 8, 2015 — Today, Hewlett-Packard Company (“HP”) announced that the Securities and Exchange Commission has declared effective the Registration Statement on Form 10 (the “Form 10”) filed by Hewlett Packard Enterprise Company (“Hewlett Packard Enterprise”) in connection with the separation of HP into two companies: Hewlett Packard Enterprise and HP Inc. The effectiveness of the Form 10 is one of the final important steps towards completing the separation, which is expected to occur on November 1, 2015.
The separation remains subject to certain conditions described in the Form 10.
For more information, view the Form 10 at http://www.sec.gov and visit HP’s Investor Relations site.
About Hewlett Packard Enterprise
Hewlett Packard Enterprise is an industry leading technology company that enables customers to go further, faster. With the industry’s most comprehensive portfolio, spanning the cloud to the data center to workplace applications, Hewlett Packard Enterprise’s technology and services help customers around the world make IT more efficient, more productive and more secure.
This document contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including the expected benefits and costs of the separation of Hewlett Packard Enterprise from the rest of HP; the expected timing of the completion of the separation; the ability to complete the separation considering the various closing conditions; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected; that the separation may not be timely completed, if at all; that, prior to the completion of the separation, HP’s business may not perform as expected due to separation-related uncertainty or other factors; that the parties are unable to successfully implement separation strategies; and other risks that are described in HP’s SEC reports, including but not limited to the risks described in HP’s Annual Report on Form 10-K for its fiscal year ended October 31, 2014, HP’s Quarterly Reports on Form 10-Q for its fiscal quarters ended April 30, 2015 and July 31, 2015 and the “Risk Factors” section of the information statement made available by Hewlett Packard Enterprise to HP stockholders. HP and Hewlett Packard Enterprise assume no obligation to update these forward-looking statements.
© 2015 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
Kate Holderness, HP
HPE creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HPE delivers solutions for customers’ most complex challenges in every region of the world. More information about HPE (NYSE: HPEQ) is available at http://www.hpe.com