Hewlett-Packard Enterprise acquires Plexxi to step up in hybrid cloud

by bold-lichterman

Hewlett-Packard Enterprise announces that it has acquired start-up Plexxi, a specialist in software-defined solutions for data centers, to optimize application performance for businesses using hybrid cloud environments. An announcement that comes as Tech companies continue to strengthen in the cloud. Another example, Google recently announced its intention to acquire Velostrata, a specialist in migration to the cloud.

The financial terms of the Plexxi takeover were not disclosed, but the company founded in 2010 was valued at around $ 267 million in its last funding round in January 2016, according to information from PitchBook.

“Provide hyper convergent solutions”

Through this acquisition, we will provide hyper converged and composable solutions with a next generation network infrastructure that can automatically create or rebalance bandwidth based on workload. This will increase agility and efficiency, and accelerate the speed with which companies deploy applications and derive business value from their data. », Details Hewlett-Packard in a press release.

The company plans to integrate Plexxi technology into its “hyperconverged” solutions by leveraging SimpliVity, a specialist in the field, which it acquired last year.

In any case, the cloud has been a particularly promising sector for Amazon and Microsoft whose results have soared thanks to this department. Amazon, for example, saw the turnover of its cloud branch increase by 48% to reach $ 5.4 billion.