HPE Continues Buying Into Server Storage I/O Data Infrastructures
This past week HPE continued buying into server storage I/O data infrastructure technologies announcing an all cash (e.g. no stock) acquisition of Nimble Storage (NMBL). The cash acquisition for a little over $1B USD amounts to $12.50 USD per Nimble share, double what it had traded at. As a refresh, or overview, Nimble is an all flash shared storage system leverage NAND flash solid storage device (SSD) performance. Note that Nimble also partners with Cisco and Lenovo platforms that compete with HPE servers for converged systems.
Earlier this year (keep in mind its only mid-March) HPE also announced acquisition of server storage Hyper-Converged Infrastructure (HCI) vendor Simplivity (about $650M USD cash). In another investment this year HPE joined other investors as part of scale out and software defined storage startups Hedvig latest funding round (more on that later). These acquisitions are in addition to smaller ones such as last years buying of SGI, not to mention various divestures.
What Are Data Infrastructures
Data Infrastructures exists to support business, cloud and information technology (IT) among other applications that transform data into information or services. The fundamental role of data infrastructures is to give a platform environment for applications and data that is resilient, flexible, scalable, agile, efficient as well as cost-effective.
Read the entire article here, HPE Continues Buying Into Server Storage I/O Data Infrastructures
via Greg Schulz.