AFP Hewlett Packard Enterprise announced plans to spin off its non-core software assets, to be merged with British software group Micro Focus. The deal creates an entity valued at $8.8 billion which will be “one of the world’s largest pure-play enterprise software companies,” according to HPE. “With today’s announcement, we are taking another important step in achieving the vision ...

  AFP New Zealand’s two largest media companies signed a merger agreement, although the planned deal still needs approval from the country’s competition watchdog to proceed. NZME and Fairfax Media NZ said they would reach a combined audience of 3.7 million, more than 80 percent of New Zealand’s 4.5 million population. “The merger will present opportunities for NZME to significantly ...

  AFP US computer maker Dell said it completed the acquisition of data storage firm EMC, creating the largest privately held technology group with a range of computing services. The completion creates a new firm called Dell Technologies and finalizes a record $67 billion deal for EMC, which will help the struggling PC maker accelerate its efforts in cloud and ...