M&A Deal Summary

Hewlett Packard Enterprise Acquires Nimble Storage

On March 7, 2017, Hewlett Packard Enterprise acquired technology hardware company Nimble Storage for 1.0B USD

Acquisition Highlights
  • This is Hewlett Packard Enterprise’s 2nd transaction in the Technology Hardware sector.
  • This is Hewlett Packard Enterprise’s 3rd largest (disclosed) transaction.
  • This is Hewlett Packard Enterprise’s 5th transaction in the United States.
  • This is Hewlett Packard Enterprise’s 4th transaction in California.

M&A Deal Summary

Date 2017-03-07
Target Nimble Storage
Sector Technology Hardware
Buyer(s) Hewlett Packard Enterprise
Deal Type Add-on Acquisition
Deal Value 1.0B USD

Target

Nimble Storage

San Jose, California, United States
Nimble Storage, Inc. is a provider of predictive flash storage technology. Nimble has recently introduced multicloud storage services that combine the best of on-premises and public cloud storage capabilities for Hybrid IT deployments. Nimble’s predictive flash offerings for the entry to midrange segments are complementary to HPE’s scalable midrange to high-end 3PAR solutions and affordable MSA products.

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Buyer(S) 1

Buyer

Hewlett Packard Enterprise

Spring, Texas, United States

Category Company
Founded 2015
Sector Information Technology
Employees60,200
Revenue 29.1B USD (2023)
DESCRIPTION
Entrance to a Hewlett Packard Enterprise office in Sunnyvale, California.
Entrance to a Hewlett Packard Enterprise office in Sunnyvale, California.

Hewlett Packard Enterprise (HPE) is a global enterprise information technology company that offers a variety of products, services, and solutions to businesses and organizations. Its portfolio includes cloud computing solutions, servers, storage, networking equipment, and a range of IT services aimed at helping customers optimize their IT operations, secure their operations, and accelerate digital transformation. HPE focuses on delivering solutions that enable businesses to improve their efficiency, scale their operations, and innovate in their respective markets. HPE was founded in 2015, as a result of the splitting of the original Hewlett-Packard Company into two separate companies, with HPE focusing on the enterprise technology infrastructure, software, and services segments. HPE is headquartered in Spring, Texas.


DEAL STATS #
Overall 5 of 21
Sector (Technology Hardware) 2 of 4
Type (Add-on Acquisition) 5 of 18
State (California) 4 of 10
Country (United States) 5 of 17
Year (2017) 4 of 6
Size (of disclosed) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-01 Niara

Sunnyvale, California, United States

Niara is a developer of user and entity behavior analytics (UEBA) software to help customers detect and protect themselves against advanced cyber-attacks that have penetrated their perimeter defenses. Niara was formed in 2013 and is based in Sunnyvale, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-09 Hewlett Packard Enterprise - OpenStack IaaS and Cloud Foundry PaaS Talent and Technology Assets

Palo Alto, California, United States

Hewlett Packard Enterprise Co. - OpenStack IaaS and Cloud Foundry PaaS Talent and Technology Assets is a provider of software services in US.

Sell -