Home United States USA — software HPE acquires SimpliVity for $650m to strengthen hybrid IT position

HPE acquires SimpliVity for $650m to strengthen hybrid IT position


NewsHubHPE has announced it has acquired SimpliVity – a firm specialising in software-defined, hyperconverged infrastructure – in order to improve its position in the “hybrid IT” market.
The $650m cash deal pales in significance to a market which HPE believes was worth $2.4bn in 2016, and from which the company clearly wants a big chunk of the pie, with a mooted 25 per cent sector growth rate annual, clocking $6bn of value by 2020.
“This transaction expands HPE”s software-defined capability and fits squarely within our strategy to make Hybrid IT simple for customers,” said HPE CEO Meg Whitman.
“More and more customers are looking for solutions that bring them secure, highly resilient, on-premises infrastructure at cloud economics. That”s exactly where we”re focused. ”
Founded in 2009, SimpliVity’s edge may lie, reckons HPE, in its hyperconverged infrastructure being “designed from the ground up to meet the needs of enterprise customers who require on-premises technology infrastructure with enterprise-class performance, data protection, and resiliency, at cloud economics”.

Continue reading...