Hewlett-Packard Buying Westborough-Based SimpliVity For $650

WESTBOROUGH, MA — Hewlett Packard Enterprise last week announced that it has agreed to acquire SimpliVity, the Westborough-based provider of software-defined, hyperconverged infrastructure, for $650 million in cash.

The hyperconverged market was estimated to be approximately $2.4 billion in 2016, and is expected to grow at a compound annual growth rate of 25 percent, to nearly $6 billion, by 2020, according to the announcement.

By bringing together HPE's best-in-class infrastructure, automation and cloud management software with SimpliVity's industry-leading software-defined data management platform, HPE and its partner ecosystem will deliver the industry's only "built-for-enterprise" hyperconverged offering, said the press release.

"This transaction expands HPE's software-defined capability and fits squarely within our strategy to make Hybrid IT simple for customers," said Meg Whitman, president and CEO, Hewlett Packard Enterprise, said in the release. "More and more customers are looking for solutions that bring them secure, highly resilient, on-premises infrastructure at cloud economics. That's exactly where we're focused."

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