HPE to pay $1 billion for Nimble Storage after cutting EMC ties

Hewlett Packard Enterprise plans to acquire Nimble Storage, a vendor of all-flash and hybrid flash storage products, for $1 billion in an effort to pump up its offerings in those areas.

Nimble Storage offers converged flash arrays with predictive software for provisioning to speed up storage performance. The offerings will work alongside technology that HPE acquired from 3Par, which also is centered around provisioning.

HPE needs to bulk up its storage offerings after cutting ties with EMC, which is now a part of Dell Technologies and dominates enterprise storage. Nimble Storage could be a step toward retaining existing storage customers and enticing new customers to switch over from EMC.

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