HPE to buy SimpliVity for $650M to boost hyperconvergence

Hewlett Packard Enterprise has agreed to buy SimpliVity for $650 million as it expands its hyperconverged offerings, and analysts say it's a great deal.

SimpliVity makes management software that helps administrators gain control over data center resources. The tools help enterprises make efficient use of server, storage and networking resources.

The deal is expected to close in the second quarter.

For months, HPE was rumored to be pursuing SimpliVity, which also offers convergence tools for servers from Dell, Lenovo and Huawei. Hyperconvergence companies are a hot commodity. Nutanix, a top player in the market, went public in September last year.

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