HPE bets $650m on hyperconvergence with SimpliVity acquisition

HPE has acquired software-defined, hyperconverged infrastructure vendor SimpliVity in a $650 million all-cash deal as the tech giant lumbers towards the growing hyperconverged segment.
While still in the early days, the hyperconverged segment is slowly beginning to make its way towards mass market penetration, as the prospect of a hybrid cloud environment becomes a more realistic objective to many decision makers. HPE has estimated the value of this market to be currently in the region of $