‘On May 13, 2026, [HPE] closed on the sale and disposition of 13.8 percent of the total issued share capital of H3C Technologies Co., Limited held by certain HPE subsidiaries … for approximately USD $986.8 million,’ said HPE in a filing with the U.S. Securities and Exchange Commission.
Fresh off launching a new unified data platform, HPE completed the sale of 13.8 percent of its stake in Chinese IT solutions subsidiary H3C Technologies to a variety of Chinese firms for nearly $1 billion.
The huge sale significantly expands the Spring, Texas-based tech giant’s cash flow as HPE continues to double down on innovation.
“On May 13, 2026, [HPE] closed on the sale and disposition of 13.8 percent of the total issued share capital of H3C Technologies Co., Limited held by certain HPE subsidiaries … for approximately USD $986.8 million,” said HPE in a filing with the U.S. Securities and Exchange Commission.
H3C Technologies provides HPE solutions—from servers and storage hardware to services—in China.
HPE sold its stake to several China-based firms including private equity and investment companies such as: Unisplendour International Technology Limited (UNIS); Beijing Xinhua Zhilian Equity Investment; China CITIC Financial Asset Management; and Beijing Changshi Zhihua Equity Investment, according to the filing.
HPE To Sell Remaining Stake For $370 Million To UNIS
On top of the $987 million HPE will generate from the sale, the company plans to sell its remaining roughly 5 percent share in the near future to UNIS.
“We expect to close on the Company’s sale and disposition of the remaining 5.2 percent of the total issued share capital of H3C held by certain HPE subsidiaries to UNIS for approximately USD $370.4 million,” HPE said in its SEC filing.
In total, HPE will add approximately $1.35 billion to the company’s war chest.
HPE Launches New Platform
Just this week, HPE launched a new fourth-generation private cloud with a unified data platform and a simplified management platform for all workloads from traditional VMs to next-generation AI inferencing.
The unified platform adds native file storage, scale-out block storage, agentic AI–driven management, HPE Zerto enterprise data protection, and integration with the Veeam Data Platform to protect HPE Private Cloud environments.
As part of the new operating model, HPE has rebranded its HPE Private Cloud offering as HPE Private Cloud PC3000, adding features such as unified management for traditional virtual machines and Kubernetes, along with scalability designed for cloud‑native workloads.
HPE currently has a market cap of $42.5 billion.
