4 Important Things About Hewlett Packard Enterprise’s Multibillion Dollar Spinoff

Hewlett Packard Enterprise is a lot lighter now than it was a year ago.

The data center technology company said Friday that it closed an $8.8 billion deal in which it spun off its software business to Micro Focus, a an IT software company based in the United Kingdom.

HPE first announced the deal last September, during which CEO Meg Whitman pitched it as a big step to help HPW be “an even stronger company, well positioned to the future.”

Here are four reasons why the deal is important.

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