![]() The companies said combining the HPE and Nimble product portfolios would allow customers to more easily move and replicate data across hybrid flash and all-flash storage to meet IT demands, more easily manage storage volumes and data compaction to reduce capacity costs, and integrate data protection capabilities with data encryption, replication and integration capabilities provided by third-party applications. That technology helps IT managers detect and resolve IT infrastructure issues, reducing the amount of time spent on support activities. HPE also said it plans to incorporate Nimble's InfoSight Predictive Analytics platform across its storage products portfolio. We remain focused on high-growth and higher-margin segments of the market." "And, this acquisition is exactly aligned with the strategy and capital allocation approach we've laid out. "Nimble Storage's portfolio complements and strengthens our current 3PAR products in the high-growth flash storage market and will help us deliver on our vision of making Hybrid IT simple for our customers," said Meg Whitman, HPE president and CEO, in a statement. HPE said that makes the acquisition complementary to its midrange to high-end 3PAR flash storage systems and its affordable MSA products. ![]() Nimble's flash systems are targeted toward small and mid-size businesses and organisations. The overall flash storage market reached US$15 billion in 2016, according to market researcher IDC, and is expected to grow to almost US$20 billion by 2020 with nearly 17 percent compound annual growth rate. The move is expected to strengthen HPE's competitive hand in the highly competitive flash storage systems market against rivals Dell EMC, NetApp and Pure Storage. ![]() HPE said the deal would enable it to offer a full range of flash storage systems for customers of all sizes. Hewlett Packard Enterprise has signed an agreement to acquire all-flash and Hybrid-flash storage provider Nimble Storage for US$1 billion in cash. ![]()
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