INDEX / DIRECTORY / HEWLETT PACKARD ENTERPRISE / ECONOMIC

Hewlett Packard Enterprise ECONOMIC

ECONOMIC AUDIT UPDATED 2026-09-08
Economic Score 7.00 /10 B Hewlett Packard Enterprise - Complicity Index 654
Economic 7.00

Evidence-only forensic audit. Scoring happens downstream - see the main dossier for the composite assessment.

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Domain: Economic
Entity scope: Hewlett Packard Enterprise Company (NYSE: HPE), an enterprise-technology company incorporated in Delaware following the 2015 Hewlett-Packard Company separation. HP Inc. and DXC Technology are treated as separate entities; historical legacy-HP and Enterprise Services activity is attributed only where the evidence supports that distinction.1, 2, 3
Compiled: 8 September 2026
Method: Live-search expansion of preserved research, followed by cited human source checks.

Supply Chain & Sourcing Relationships

Hewlett-Packard (Israel) Ltd. remains listed as an HPE subsidiary in HPE’s subsidiary exhibit as of 31 October 2025; the exhibit establishes group-subsidiary status but does not disclose the entity’s ownership percentage.4 Who Profits describes the Ra’anana entity as HPE’s fully owned Israeli subsidiary and reports multiple sole-supplier government procurements, although the underlying tender and award documents for those reported arrangements were not retrieved in the updated research.5

The reported Population and Immigration Authority Aviv hardware/server arrangement supplied Itanium servers and maintenance under a stated June 2023–June 2026 term, valued at NIS 3,829,410; Who Profits distinguishes this HPE hardware role from Aviv database-management activity transferred to DXC in 2017.6, 7

The stated term ended in June 2026, and No public evidence identified of a renewal or replacement in the reviewed material.5, 6

Who Profits reports an Israel Police Data Center Care arrangement with a stated January 2024–December 2026 term and NIS 4 million value; a later executed award was not independently retrieved.5, 8

The National Digital Agency primary opinion proposes NIS 3,129,750 including VAT for HPE Israel certificate-authority services from 1 May 2025 to 30 May 2028. It supports an existing state service relationship and intended continuation, rather than independently proving an executed renewal or biometric-database hardware provision.9

Who Profits also reports Israel Prison Service maintenance arrangements, including a March 2025 arrangement valued at NIS 445,000 with a stated end date of February 2026.5, 8

That term had expired on its stated date, and No public evidence identified of a renewal or replacement in the reviewed material.5, 8

A separate Israeli Land Authority procurement opinion identifies Hewlett-Packard (Israel) Ltd., supplier number 511009342, as the sole authorised service provider for HPE VMS servers for 1 January–31 December 2021 and gives a 9 Dafna Street, Ra’anana address.10

This confirms historical HPE-specific sole-supplier service activity, not an ongoing contract.10

No public evidence identified of agricultural, consumer-product, importer-of-record, or seasonal Israeli sourcing relationships in the reviewed evidence; the documented relationships concern enterprise IT hardware and services.5, 6

Product Origin, Labeling & Regulatory Compliance

Who Profits reports that Itanium server hardware supplied to Israeli agencies was manufactured in the United States.6

No public evidence identified of HPE products manufactured in, labelled as originating from, or otherwise established as originating from Israeli settlements.6

No public evidence identified of settlement-origin labelling disputes, country-of-origin compliance disputes, Israeli export-control actions, or a corporate territorial-labelling policy concerning HPE products in the reviewed evidence.6, 11

The available evidence concerns servers, storage, networking, security, and support services rather than consumer goods.12, 13 HPE’s Israel-localised site and networking-support page offer HPE Aruba, HPE Juniper, and HPE Aruba Networking SSE/Axis support, but do not identify an Israeli manufacturing site.12, 13

Investment, Capital & Financial Exposure

HPE announced its acquisition of Zerto in 2021 for a stated transaction value of $374 million in cash, funded from HPE’s balance sheet, and stated that the transaction was expected to contribute more than $130 million in run-rate revenue.14, 15 HPE’s FY2022 purchase accounting recorded $416 million of acquisition-date fair-value consideration, principally cash for stock and vested in-the-money awards; this accounting figure is distinct from the announced $374 million transaction value.16 HPE’s 2022 subsidiary exhibit listed Zerto Ltd. in Israel, supporting post-acquisition group control at that date.17

Zerto Ltd. is absent from HPE’s FY2025 subsidiary exhibit, which expressly omits subsidiaries not significant in the aggregate; that omission does not establish a sale, dissolution, or cessation of Israeli operations.4

No public evidence identified in the retrieved primary material of a post-2022 Zerto sale or disposal.4, 17

HPE announced the acquisition of Tel Aviv-based Axis Security on 2 March 2023, and its Form 10-Q records completion on 15 March 2023.18, 19 The same Form 10-Q separately records $412 million of acquisition-date fair-value consideration for Axis, primarily cash for common stock; its $454 million aggregate acquisition total must not be assigned entirely to Axis.19 HPE announced Axis integration with HPE Aruba Networking in April 2023, and its current acquisitions and Israel-support pages continue to present Axis as an HPE acquisition and supported product line.20, 13, 21

HPE completed its acquisition of Juniper Networks on 2 July 2025.22 HPE’s FY2025 disclosures report approximately $13.4 billion of cash consideration and $13.6 billion of total consideration; a pro-forma filing states that Juniper survived as HPE’s wholly owned subsidiary and that the transaction was partly funded through approximately $10.5 billion of borrowings.1, 23, 24 The retrieved filings do not allocate an Israeli purchase-price component or establish an Israeli workforce count or manufacturing operation. HPE Juniper’s current development-office directory does list a Tel Aviv-Yafo office, establishing a group development footprint without assigning the entire global acquisition value to Israel.4, 22, 25

Confirmed Israeli-origin operating acquisitions in the reviewed material are Zerto and Axis Security.14, 18

No public evidence identified of an additional HPE-controlled Israeli manufacturer, consumer brand, food or pharmaceutical company, infrastructure operator, or an Israeli operating entity acquired through the Juniper transaction.4, 20, 22

HPE’s 2026 proxy lists Vanguard (12.01%), BlackRock (9.99%), and State Street (5.45%) as disclosed beneficial owners above 5% as of 31 December 2025, while cautioning that these figures rely on earlier Schedule 13G/A filings.26

The disclosure does not identify an Israeli state, sovereign, or Israel-domiciled beneficial owner among those holders.26

No public evidence identified in the reviewed corporate records of Israeli beneficial control, Israeli state ownership, Preferred Technology Enterprise status, Israeli tax residency, or a controlling-principal Israeli investment attributable as an HPE corporate act.1, 26

Operational Presence & Market Activity

HPE’s ISO certification revised in November 2025 lists Zerto product R&D and IT activity in Herzliya under HPE ownership, with that certificate valid through 17 August 2026.27

This supports a recent group R&D footprint; certificate expiry alone does not establish cessation, and current headcount remains unconfirmed.27

HPE’s FY2025 subsidiary exhibit and Israel-specific public site evidence continuing group and market presence in Israel after July and November 2024.4, 12 The public site presents HPE products and support for the Israeli market, but it does not establish a particular office headcount, physical-office staffing level, government contract, or Israel-specific revenue figure.12, 13

The prior reported figure of approximately 2,500 “Hewlett-Packard Israel” employees conflates post-separation HPE and HP Inc. and cannot be attributed to HPE alone.28

No public evidence identified of HPE-disclosed Israel-specific headcount, revenue, market share, manufacturing capacity, or formal Israel regional-headquarters designation.1, 4

Who Profits reported in July 2024 that HPE had been selected to lead a reportedly underground Israeli military server-farm project, including hardware provision and construction-company selection.5 HPE did not publicly confirm the reported selection in the reviewed evidence, and no official procurement publication, executed contract, or contract value was identified; it therefore remains an unconfirmed secondary-source report rather than a verified signed contract.5

No public evidence identified in the reviewed material of HPE sales, services, offices, distribution, or revenue in West Bank settlements, East Jerusalem settlements, or the Golan Heights after July or November 2024.5, 11, 12

Corporate Structure & Foundational Ties

Hewlett Packard Enterprise Company is a Delaware corporation with principal executive offices in Spring, Texas; the FY2025 filing does not identify Israel as its headquarters, principal-management location, or domicile.1

HPE began independent trading on 2 November 2015 following the Hewlett-Packard Company separation.29, 2

HPE’s 2015 separation-era subsidiary exhibit listed Hewlett-Packard (Israel) Ltd., and HPE’s FY2025 exhibit again lists that entity under Israel.2, 4 This is direct corporate-record evidence of an Israeli HPE group entity at both points, while exact ownership percentage, share capital, directors, direct parent, and registered address were not established by the retrieved filings.4, 2

The Basel checkpoint system must be distinguished from later DXC-related activity. AFSC reports that the Basel contract passed from pre-split Hewlett-Packard Company to HPE in 2015 and that Israel’s Ministry of Defense stated that the system was scrapped at the end of 2016.7, 30

No public evidence identified of a post-2016 Basel contract or of transfer of that terminated contract to DXC or Ness.6, 30

AFSC reports that the Beitar Illit R&D centre was established by EDS in 2006, operated under Hewlett-Packard Company from 2008, under HPE from the 2015 separation until the Enterprise Services transaction in 2017, and then transferred to DXC.7, 30 HPE’s SEC filing confirms completion of the HPE Enterprise Services spin-off and merger with CSC on 1 April 2017, but does not individually identify the facility.3, 31

No public evidence identified of current HPE, DXC, or Ness ownership or operation of a Beitar Illit facility in the reviewed evidence.30

HPE’s current governance materials identify Antonio F. Neri as President and Chief Executive Officer.26 The 2026 proxy and current board page identify Patricia F. Russo as Board Chair; Robert M. Calderoni chairs the Strategy Committee, not the Board.26, 32, 33

Profit Repatriation & Economic Contribution

HPE reported approximately $31.8 billion in global FY2024 revenue.34 It does not disaggregate Israel-specific revenue, operating profit, workforce, tax contribution, or profit repatriation in the retrieved filings.1, 4

The Zerto transaction is a substantial identified Israel-linked capital event, at a stated $374 million announced value and $416 million acquisition-date fair-value consideration in later accounting; the Axis transaction must be considered separately before ranking investment amounts.14, 16, 19 The evidence supports a historical Israeli operating nexus for Zerto, including its then co-headquarters in Herzliya and Boston and an announced approximate 500-person workforce, but does not establish current Israeli employment, tax contribution, or the destination of HPE profits.14

No public evidence identified of HPE-specific profit-repatriation disputes, special Israeli fiscal arrangements, Israel Bonds holdings, Israeli sovereign-financing exposure, or Israel-specific financial contribution figures in the reviewed materials.1, 26

Footnotes

  1. HPE FY2025 Form 10-K: https://www.sec.gov/Archives/edgar/data/1645590/000164559025000130/hpe-20251031.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7

  2. HPE Form 10 registration statement, Exhibit 21: https://www.sec.gov/Archives/edgar/data/1645590/000119312515338732/d944600dex211.htm ↩ ↩2 ↩3 ↩4

  3. HPE, completion of Enterprise Services spin-off and merger with CSC: https://www.hpe.com/us/en/newsroom/press-release/2017/04/hewlett-packard-enterprise-completes-spin-off-and-merger-of-its-enterprise-services-business-with-csc.html ↩ ↩2

  4. HPE Exhibit 21, subsidiaries as of 31 October 2025: https://www.sec.gov/Archives/edgar/data/1645590/000164559025000130/ex-21x10312025.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10

  5. Who Profits, HPE company profile: https://www.whoprofits.org/companies/company/3774 ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9

  6. Who Profits, Automated Apartheid: The Case of Hewlett Packard Enterprise: https://www.whoprofits.org/publications/report/157 ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7

  7. AFSC Investigate, HPE profile: https://investigate.afsc.org/company/hewlett-packard ↩ ↩2 ↩3

  8. NewsClick, HPE/BDS reporting: https://www.newsclick.in/BDS-movement-escalates-boycott-HP-campaign-company-continues-serve-israeli-govt ↩ ↩2 ↩3

  9. https://www.mr.gov.il/ilgstorefront/he/p/attachment/005056BF4F1A1EEFBFA4AD607113D2E9/%D7%97%D7%95%D7%95%D7%AA%20%D7%93%D7%A2%D7%AA%20%D7%9E%D7%A7%D7%A6%D7%95%D7%A2%D7%99%D7%AA ↩

  10. Israel Land Authority, sole-supplier procurement opinion: https://mr.gov.il/ilgstorefront/he/p/attachment/005056BF19AF1EDB84A818888A16812A/%D7%97%D7%95%D7%95%D7%AA%20%D7%93%D7%A2%D7%AA%20%D7%9E%D7%A7%D7%A6%D7%95%D7%A2%D7%99%D7%AA ↩ ↩2

  11. OHCHR, September 2025 database-update announcement: https://www.ohchr.org/en/press-releases/2025/09/un-human-rights-office-updates-database-businesses-involved-israeli ↩ ↩2

  12. HPE Israel market site: https://www.hpe.com/il/en/home.html ↩ ↩2 ↩3 ↩4 ↩5

  13. HPE Israel networking-support page: https://www.hpe.com/il/en/support/networking.html ↩ ↩2 ↩3 ↩4

  14. HPE, Zerto acquisition announcement: https://hewlett-packard-enterprise.prezly.com/hewlett-packard-enterprise-expands-hpe-greenlake-edge-to-cloud-platform-with-acquisition-of-zerto-a-leader-in-cloud-data-management-and-protection ↩ ↩2 ↩3 ↩4

  15. HPE SEC-filed Zerto acquisition release: https://www.sec.gov/Archives/edgar/data/1645590/000164559021000048/exh991pressrelease7-1x21.htm ↩

  16. HPE FY2022 Form 10-K, acquisition note: https://www.sec.gov/Archives/edgar/data/1645590/000164559023000024/fy22ars.pdf ↩ ↩2

  17. HPE Exhibit 21, subsidiaries as of 31 October 2022: https://www.sec.gov/Archives/edgar/data/1645590/000164559022000071/ex-21x10312022.htm ↩ ↩2

  18. HPE, Axis Security acquisition announcement: https://www.hpe.com/us/en/newsroom/press-release/2023/03/hewlett-packard-enterprise-fortifies-network-security-with-acquisition-of-security-service-edge-provider-axis-security.html ↩ ↩2

  19. HPE Form 10-Q for the quarter ended 30 April 2023: https://www.sec.gov/Archives/edgar/data/1645590/000164559023000066/hpe-20230430.htm ↩ ↩2 ↩3

  20. HPE Investor Relations, acquisitions: https://investors.hpe.com/financial/acquisitions ↩ ↩2

  21. HPE, Axis integration announcement: https://www.hpe.com/us/en/newsroom/press-release/2023/04/hpe-aruba-networking-simplifies-it-operations-with-aiops-driven-cloud-management-and-new-network-as-a-service-capabilities-available-on-hpe-greenlake.html ↩

  22. HPE, Juniper Networks acquisition completion announcement: https://www.hpe.com/us/en/newsroom/press-release/2025/07/hewlett-packard-enterprise-closes-acquisition-of-juniper-networks-to-offer-industry-leading-comprehensive-cloud-native-ai-driven-portfolio.html ↩ ↩2 ↩3

  23. HPE FY2025 annual report: https://www.sec.gov/Archives/edgar/data/1645590/000164559026000021/fy25arsfiling.pdf ↩

  24. HPE SEC Form 8-K exhibit, Juniper pro-forma financial information: https://www.sec.gov/Archives/edgar/data/1645590/000114036125034206/ef20055124_ex99-3.htm ↩

  25. HPE Juniper worldwide development-office directory: https://www.juniper.net/us/en/company/contact-us/worldwide-development-offices.html ↩

  26. HPE 2026 Proxy Statement: https://investors.hpe.com/~/media/Files/H/HP-Enterprise-IR/documents/proxy-statement-2026.pdf ↩ ↩2 ↩3 ↩4 ↩5 ↩6

  27. HPE Global ISO 27001 certificate: https://www.hpe.com/psnow/downloadDoc/HPE%20Global%20ISO%2027001%20Certificate%20-%20IS%20676286-a00150674enw.pdf ↩ ↩2

  28. Wikipedia, Hewlett-Packard Israel: https://en.wikipedia.org/wiki/Hewlett-Packard_Israel ↩

  29. Wikipedia, Hewlett Packard Enterprise: https://en.wikipedia.org/wiki/Hewlett_Packard_Enterprise ↩

  30. AFSC Investigate, current HPE profile: https://investigate.info/company/hewlett-packard ↩ ↩2 ↩3 ↩4

  31. HPE SEC Form 8-K, completion of HPE/DXC transactions: https://www.sec.gov/Archives/edgar/data/1645590/000162828017003399/hpe-everettclosing8xk.htm ↩

  32. HPE Investor Relations, Board of Directors: https://investors.hpe.com/governance/bod ↩

  33. HPE 2026 proxy, Board leadership and committee table: https://www.sec.gov/Archives/edgar/data/1645590/000164559026000019/hpe-20260210.htm ↩

  34. HPE FY2024 fourth-quarter results: https://www.hpe.com/us/en/newsroom/press-release/2024/12/hewlett-packard-enterprise-reports-fiscal-2024-fourth-quarter-results.html ↩