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Hewlett Packard Enterprise acquires Plexxi

May 15, 2018 10:37 AM ETHewlett Packard Enterprise Company (HPE) StockHPEBy: Brandy Betz, SA News Editor
  • Hewlett Packard Enterprise (NYSE:HPE) acquires Plexxi, which specializes in software-defined data center solutions. Terms not disclosed.
  • Plexxi’s tech helps optimize application performance for enterprises working with hybrid cloud environments. 
  • Plexxi was valued at $267M at its last financing round in 2016. Investors included GV, Lightspeed Venture Partners, and Matrix. 
  • HPE shares are down 0.9% to $17.44.       

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