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The deal for the new entity, which Whitman jokingly called CSCES, is expected to close in March 2017. In the CSC deal, CEO Mike Lawrie will head the combined company as CEO and president. Whitman will have a seat on the board, and the remaining directors HP Enterprise posted a better-than-expected 1.3% increase in revenue, while Computer Sciences said revenue fell 5.4% to $1.8 billion. Following the completion of the transaction next year, CSC's current president and CEO Mike Lawrie will continue to head The combination of HPE's enterprise services business and CSC will have about $26 billion in annual sales. CEO Meg Whitman said the realists "represent our best performance since I joined in 2011", noting that "the businesses comprising HPE grew revenue The one-time cost of the merger will be recouped from the company's 2015 restructuring plan, HPE reports. "And the new company will be in a stronger position to win than either organisation could have been on its own", Meg Whitman, president and chief It's the latest step in an effort to turn around one of Silicon Valley's oldest companies. The transaction is expected to close by 31 March 2017. The company sold at least 84 per cent of its 60.5 per cent stake in Indian IT services provider Mphasis Ltd to Many Wall Street Analysts have commented on Hewlett Packard Enterprise Co. The deal is expected to deliver $8.5 billion to HP Enterprise shareholders, which includes a 50% stake in the new company, a dividend of $1.5 billion, and the assumption of $2.5 .

Anniversaries are a great excuse for carmakers to cook up special editions. Most are forgettable, but some, like this BMW M6 Celebration Edition, are truly desirable. However, this model, which was built to celebrate BMW’s 100th anniversary, is only On the other hand, Raymond James revised down its rating on CSC stock from Outperform to Market Perform, and said that its previous Outperform rating thesis noted Computer Sciences' low-priced valuations, a $7-billion business that had the potential to mix Enterprise services, a segment of the business that endured heavy cuts as part of the company split, has been the best barometer of HPE's progress and success rate, said Crawford Del Prete, chief research officer at market researcher IDC. "The "spin-merger HP wants 3D printers to be used for more than prototyping and the company is hoping its new $130,000 printer will help get makers on board. HP says its Jet Fusion 3D can print out product parts 10 times faster than similarly priced printers (Source: HP via .

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