The Technology Committee assesses HPE's technology development strategies and the scope and quality of HPE's intellectual property. The Technology Committee makes recommendations to the Board as to scope, direction, quality, investment levels and execution of HPE's technology strategies; oversees the execution of technology strategies formulated by management; provides guidance on technology as it may pertain to, among other things, market entry and exit, investments, mergers, acquisitions and divestitures, new business divisions and spin-offs, research and development investments, and key competitor and partnership strategies; and reviews and makes recommendations on proposed investment, acquisition, joint venture and divestiture transactions with a value of at least $200 million that involve technology pursuant to HPE's mergers and acquisitions approval policies.