Deals
Falling Startup Valuations Help Companies on M&A, Whitman Says
HPE's Meg Whitman on Split From HP and M&A in Tech
This article is for subscribers only.
Hewlett Packard Enterprise Co. Chief Executive Officer Meg Whitman said falling valuations among closely held startups are good for public companies like hers as she looks at potential acquisition targets.
“Many of us predicted that there would be a correction in the value of some of these startup companies,” Whitman said Wednesday in an interview on Bloomberg Television. “So, I think it’s advantageous for companies like Hewlett Packard because the valuations will be more reasonable.”