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Hewlett Packard Enterprise acquires Wi-Fi monitoring company

Mar. 27, 2018 8:23 AM ETHewlett Packard Enterprise Company (HPE) StockBy: Brandy Betz, SA News Editor1 Comment
  • Hewlett Packard Enterprise (NYSE:HPE) will acquire Cape Networks for an undisclosed amount.
  • Cape is a SaaS and hardware company that makes a Wi-Fi monitoring product. 
  • Cape Networks will become a part of HPE’s Aruba company to expand its AI-powered networking capabilities. 
  • The acquisition is expected to close this week or in early April. 
  • HPE shares are down 0.7% premarket to $17.86. 

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