Actions Hewlett Packard Enterprise Purchase of almost 5% after Elliott Investment Management has built over $ 1.5 billion in shares in the server manufacturer, said CNBC a person familiar with this matter.
The activist's investor hopes to engage the company in discussions on improving the value of shareholders, the source said.
Elliott and HPE refused to comment on the message.
This year, the shares of the device manufacturer have lost over the fourth values this year. Last month the company Quarterly revenues have been supplemented Expectations, but issued weak guidelines for the annual tax year. HPe said he was struggling with higher discounting and expected price corrections to balance its highest growth.
Elliott has a long history in pressing to changes in some of the The world's largestin this SalesforceIN Southwest Airlines AND Starbucks.
Recently, the investment management company took $ 1.5 billion in an industrial software manufacturer Aspen technologyAnd he said he had objected to an agreement that would allow Emerson Electric to buy other shares in the company in a contract worth $ 7.2 billion. The company in March Named nominees To join the management of the Fillips 66 oil company, where it accumulated $ 2.5 billion.
HPE is currently trying to buy juniper networks $ 14 billionBut the US Department of Justice he sued to block the contract Early this year.
Bloomberg reported a message for the first time.
Correction: This story has been updated to reflect that Elliott took $ 1.5 billion in HPE. The previous version of the story is wrong.