The Swisscom-backed data centre software provider, valued at over $1bn in 2015, has been bought by HPE for $650m in cash.
Enterprise software provider Hewlett Packard Enterprise (HPE) agreed to acquire US-based data management software producer Simplivity yesterday in a $650m cash deal that will give an exit to telecommunications firm Swisscom.
Simplivity has built a data virtualisation platform that uses hyperconvergence to help businesses expand simplify their data centre infrastructure while making it more secure.
HPE intends to combine Simplivity’s software with its own technology in order to supply what it described as the industry’s only ‘built-for-enterprise’ hyperconverged offering.
The…
