HPE Continues Buying Into Server Storage I/O Data Infrastructures

This past week HPE continued buying into server storage I/O data infrastructure technologies announcing an all cash (e.g. no stock) acquisition of Nimble Storage (NMBL). The cash acquisition for a little over $1B USD amounts to $12.50 USD per Nimble share, double what it had traded at. As a refresh, or overview, Nimble is an all flash shared storage system leverage NAND flash solid storage device (SSD) performance. Note that Nimble also partners with Cisco and Lenovo platforms that compete with HPE servers for converged systems.

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