HPE to Acquire SimpliVity and Expand Leadership in Growing Hybrid IT Industry
PALO ALTO, CA — (Marketwired) — 01/17/17 — Hewlett Packard Enterprise (NYSE: HPE)Hewlett Packard Enterprise (NYSE: HPE) today announced a definitive agreement to acquire SimpliVity, a leading provider of software-defined, hyperconverged infrastructure, for $650 million in cash. The hyperconverged market was estimated to be approximately $2.4 billion in 2016, and is expected to grow at a compound annual growth rate of 25 percent, to nearly $6 billion, by 2020. By bringing together HPE–s best