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HPE<\/a> today announced<\/a> that it has acquired\u00a0data management platform SimpliVity<\/a> for $650 million in cash.<\/p>\n SimpliVity is one of the many companies in this space focused on what is often called \u201chyperconverged infrastructure.\u201d That sounds like somebody\u2019s buzzword \u2014 and it definitely is \u2014 but the core idea is pretty sound: hyperconverged systems combine compute, storage and networking into a single system.<\/p>\n SimpliVity\u2019s flagship product is the OmniCube<\/a> hyperconverged infrastructure appliance, but the company has also worked<\/a> with Lenovo, Dell, Cisco and Huawei to bring the software part of its solution to their servers.<\/p>\n For HPE, the idea here is clearly to expand its existing infrastructure, automation and cloud services with SimpliVity\u2019s platform.<\/p>\n \u201cThis transaction expands HPE\u2019s software-defined capability and fits squarely within our strategy to make Hybrid IT simple for customers,\u201d wrote Meg Whitman, President and CEO of Hewlett Packard Enterprise, in today\u2019s announcement. \u201cMore and more customers are looking for solutions that bring them secure, highly resilient, on-premises infrastructure at cloud economics.\u00a0 That\u2019s exactly where we\u2019re focused.\u201d<\/p>\n SimpliVity was founded in 2009 and over the last couple of years, it raised almost $276M in four funding rounds led by the likes of Kleiner Perkins Caufield Byers, Accel Partners, DFJ Growth, CRV and Waypoint Capital. At $650 million, that\u2019s not a huge exit for these investors, especially given that the company was valued at over $1 billion<\/a> when it raised its Series D round in 2015.<\/p>\n As for HPE, the company has mostly been in the news for selling off some of its business lately. Last September, for example, it sold off most of its software unit in a deal worth roughly $8.8 billion<\/a>. Then, in November, it also sold off its OpenStack and Cloud Foundry assets to SUSE<\/a> (which itself is owned by Micro Focus, too).\u00a0Chances are the company is seeing an opening in the hyperconverged market and is looking to\u00a0use some of the cash it gained from those sales to\u00a0strengthen its position there.<\/p>\n <\/p>\n Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/VEfLpf_j5T0\/<\/p>","protected":false},"excerpt":{"rendered":" HPE today announced that it has acquired\u00a0data management platform SimpliVity for $650 million in cash. SimpliVity is one of the many companies in this space focused on what is often <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-2907","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t![\"omnicube-product\"](\"https:\/\/i0.wp.com\/www.rsoftsolution.com\/blog\/wp-content\/plugins\/RSSPoster_PRO\/cache\/65d65_omnicube-product.jpg?resize=640%2C121&ssl=1\")
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