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300X1050

HPE snaps-up hyperconverged-network (HCN) vendor Plexxi

HPE today took a step toward bolstering its data-center technology with plans to acquire Plexxi and its hyperconverged networking fabric.

HPE said it expects the deal to close in its third quarter, which ends July 31, 2018 but did not release other financial details. Plexxi was founded in 2010 and targeted the nascent software-defined networking (SDN) market.

“Plexxi’s technology will extend HPE’s market-leading software-defined compute and storage capabilities into the high-growth, software-defined networking market, expanding our addressable market and strengthening our offerings for customers and partners,”

Wrote HPE’s Ric Lewis, SVP & GM Software-Defined and Cloud Group in a blog about the deal. “Through this acquisition, we will deliver hyperconverged and composable solutions with a next-generation data network fabric that can automatically create or re-balance bandwidth to workload needs.” 

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