HPE Buys SimpliVity For $650M

Palo Alto-based Hewlett Packard Enterprise (HPE) said Tuesday that it has agreed to acquired converged infrastructure software developer SimpliVity, in a deal worth $650M in cash. SimpliVity was based in Massachusetts, and offers up converged infrastructure and computing products for the enterprise market. SimpliVity's systems provide converged compute, storage, and networking in a single system.