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HPE to buy Nimble Storage in $1.2bn deal

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Nimble acquisition will drive HPE into all-flash storage arrays,Hardware,Storage,Big Data and Analytics ,Nimble Storage,storage,predictive analytics,HPE,Hewlett-Packard,Hewlett Packard Enterprise,Ajay Singh
Hewlett Packard Enterprise (HPE) is to acquire Nimble Storage in a $1.2bn deal – around $1bn to buy the company, and $200m buying out the unvested share options of Nimble executives.
The deal will help HPE to drive into the all-flash storage array market, which is growing at a rate of about 17 per cent per year, according to analysts IDC.
Nimble brings with it more than just all-flash storage.
Its particular twist is predictive software that, it claims, can speed-up flash storage still further , while helping organisations to better manage their storage assets. InfoSight Predictive Analytics, for example, can automatically detect as many as 90 per cent of all issues within a customer’s infrastructure, according to Nimble, and can resolve 85 per cent of them without user intervention.
As such, HPE says that it will incorporate Nimble’s InfoSight Predictive Analytics platform across its storage portfolio.
“Nimble Storage’s portfolio complements and strengthens our current 3PAR products in the high-growth flash storage market and will help us deliver on our vision of making hybrid IT simple for customers,” said HPE CEO Meg Whitman.

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