Why did Nimble sell and why did HPE buy: We drill into $1.2bn biz deal
Summary
The company is also getting the storage industry’s leading cloud-based management and predictive analytics capability, InfoSight, and with Nimble planning a hyper-converged offering, HPE can decide whether to go ahead with that or concentrate on its still freshly new SimpliVity acquisition’s technology. Let’s look at the quarterly and annual results trends: It’s immediately apparent that Nimble has been dashing for growth in revenues and operating at a loss as it builds out its infrastructure and develops products. Dell EMC will be reassured that its decision that size matters as an IT supplier is being vindicated by HPE, swelling itself up with SimpliVity and Nimble. We offer the only portfolio that ensures customers will have seamless data management across all their deployment models, whether on-premises, hybrid or public cloud environments.” What does this mean for Pure Storage? Going forward, we will expand our efforts to bring the compelling benefits of flash-based storage to our customers, both in traditional data center infrastructure and next-generation IT solutions.
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