Yesterday, Hewlett Packard Enterprise announced that they had entered into an agreement to acquire hyperconverged infrastructure vendor SimpliVity for $650 Million in cash. This number comes in significantly lower than the rumors that had been going around, valuing SimpliVity as an acquisition target at as high as $3.9 Billion.
Long-time readers already know I’m a long-time fan of SimpliVity (in fact, they’re one place I had contacted as part of my current job search). I’d been rooting for them to make it to the IPO stage. Continue reading