Menu
HPE gets set to scale as Nimble Storage acquisition closes

HPE gets set to scale as Nimble Storage acquisition closes

US$1 billion deal reaches completion

Hewlett Packard Enterprise (HPE) is getting ready to scale up the global reach of Nimble Storage, as its US$1 billion acquisition of the company closes.

HPE announced, on 17 April, that it had completed its landmark acquisition of the flash storage vendor, paying US$12.50 per share in cash, and an additional US$200 million for Nimble’s unvested equity awards.

The completion of the deal comes just over a month after the companies confirmed the proposed acquisition, with HPE making the move in a bid to strengthen its flash storage offering and bolster its hybrid IT solutions capabilities.

Now, HPE’s executive vice-president and general manager, Antonio Neri, plans to scale the global reach of the Nimble Storage solution portfolio while maintaining efforts to keep loyal Nimble customers in the fold and fond of the brand.

Antonio Neri - HPE executive vice president and general manager
Antonio Neri - HPE executive vice president and general manager

"I want to personally welcome the Nimble Storage community of customers, employees, and partners to the HPE family,” Neri said.

“With our 75 year heritage of innovation across multiple industries, geographies, and technology domains, this is an incredible opportunity to accelerate the momentum that Nimble Storage has already established in the market.

“At HPE, we are fully committed to the Nimble Storage customer base. We understand that Nimble’s customers have come to love this product, and we will continue to invest in this solution to make it even stronger.

“We will also scale its reach by combining Nimble Storage’s world-class innovation in flash with the power and resources of HPE, an industry leader in servers, storage, and hybrid IT solutions across the globe,” he said.

While Neri expects the acquisition to give HPE the ability to bring flash-optimised data services to customers across the small to medium-sized business (SMB), enterprise and service provider segments of the market, analysts have flagged potential confusion in the channel arising from the deal.

According to Technology Business Research analyst, Krista Macomber, the emergence of a flurry of new alliances by existing technology partners of Nimble Storage, such as Cisco and Lenovo, could be among the potential side-effects of the deal.

“The deal would notch another significant point of competitive consolidation in the data center space spurred by HPE, forcing Nimble partners including Cisco Systems and Lenovo to create new alliances or potentially acquire in flash storage, storage performance monitoring and analytics, and hybrid IT management, while consolidating the roster of available pertinent solutions configurations for customers,” Macomber said, following the acquisition announcement.


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Hewlett Packard Enterprisenimble storageHewlett-PackardHPEAntonio Neri

Featured

Slideshows

Sizing up the NZ security spectrum - Where's the channel sweet spot?

Sizing up the NZ security spectrum - Where's the channel sweet spot?

From new extortion schemes, outside threats and rising cyber attacks, the art of securing the enterprise has seldom been so complex or challenging. With distance no longer a viable defence, Kiwi businesses are fighting to stay ahead of the security curve. In total, 28 per cent of local businesses faced a cyber attack last year, with the number in New Zealand set to rise in 2017. Yet amidst the sensationalism, media headlines and ongoing high profile breaches, confusion floods the channel, as partners seek strategic methods to combat rising sophistication from attackers. In sizing up the security spectrum, this Reseller News roundtable - in association with F5 Networks, Kaspersky Lab, Tech Data, Sophos and SonicWall - assessed where the channel sweet spot is within the New Zealand channel. Photos by Maria Stefina.

Sizing up the NZ security spectrum - Where's the channel sweet spot?
Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Show Comments