Hewlett Packard Enterprise buys converged infrastructure startup SimpliVity for $650 million
Hewlett Packard Enterprise | January 17, 2017
Hewlett Packard Enterprise, which split off from HP in 2015, today announced its latest acquisition, SimpliVity, a company that sells data center hardware that unites computing power and storage, which have traditionally been sold separately. HPE paid $650 million in cash for SimpliVity, and the deal is expected to close in the second quarter of HPE’s 2017 fiscal year, which ends on June 30, according to a statement.