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

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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 ».

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