HPE’s stock was up about 3 percent today.
HPE separated from the HP part of its business last year. HPE, with a market capitalization of around $35 billion, focuses on networking, storage, and data centers. HP manufactures computers and printers.
Other private equity firms that may have made offers for the HPE software assets include Vista Equity Partners Management, Carlyle Group, and TPG Capital LP, according to Reuters.
HPE’s software portfolio includes the $10.3 billion acquisition of Autonomy in 2011 and the $4.5 billion acquisition of Mercury Interactive in 2006. Other software assets derive from the big data analytics company Vertica and ArcSight a cyber security firm.