Top
HPE to Buy One-Time Rising Star Nimble for $1B Cash

HPE to Buy One-Time Rising Star Nimble for $1B Cash

March 10, 2017

Category:

Hewlett Packard Enterprise on Tuesday announced a deal to acquire flash storage firm Nimble Storage, once viewed as a darling of Wall Street, for US$12.50 a share in cash, or $1 billion.

HPE also agreed to assume or pay out Nimble Storage’s unvested equity awards, which are valued at $200 million.

Read More on Ecommerce Times