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Sunday, November 13, 2016

Will HP Enterprise Pay $3.9 Billion For SimpliVity?

Hewlett Packard Enterprise ( #HPE ) may be poised to buy #SimpliVity — the Westborough, Mass.-based second-ranked hyperconvergence infrastructure (HCI) vendor — for $3.8 billion to $3.9 billion, according to The Register. HPE did not comment but CEO Doron Kempel shed some light on SimpliVity’s latest quarter while also declining to comment on the acquisition report. HPE’s rumored price would roughly quadruple the $1 billion valuation SimpliVity garnered when it last raised capital — $175 million — in March 2015.

http://www.forbes.com/sites/petercohan/2016/11/11/will-hp-enterprise-pay-3-9-billion-for-simplivity/#2c8f77f15983

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