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Hewlett Packard Enterprise acquiring SimpliVity for $650M cash

Jan. 17, 2017 5:15 PM ETNutanix, Inc. (NTNX) StockBy: Eric McCaffrey, SA News Editor12 Comments
  • SimpliVity, a hyperconverged infrastructure vendor and Nutanix (NASDAQ:NTNX) competitor, combines with Hewlett Packard Enterprise (HPE) as the latter seeks to form a broad set of enterprise data service offerings and create the industry's only "built-for-enterprise" hyperconverged solution.
  • Hewlett Packard Enterprise president and CEO Meg Whitman: "This transaction expands HPE's software-defined capability and fits squarely within our strategy to make Hybrid IT simple for customers. 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."
  • Hewlett Packard Enterprise (HPE) shares unchanged after hours.
  • Press release

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