Nimble was founded in 2007 and has about 1,300 employees worldwide. Nimble Revenue in 2016: $402 Million, Up 25 Percent YOY This reduces the amount of time and effort a customer’s IT team spends on support activities. For example, InfoSight automatically detects 90 percent of all issues within a customer’s infrastructure and resolves 85 percent of them, HPE said. HPE plans to incorporate Nimble’s InfoSight Predictive Analytics platform across its storage portfolio, Philbin said. This (Nimble) is a really good fit from a product perspective and good fit from a cultural perspective-very synonymous with ours.” We see it as very complementary to 3PAR.”įor users who are more price-conscious, Philbin said, “we still have MSA (storage appliance) and StoreVirtual at the entry level.
#NIMBLE STORAGE COMPETITION INSTALL#
Secondly, Philbin said, Nimble brings flash further down the portfolio for SMBs and midmarket users because “it is very easy to use, easy to install and self-maintaining. “We thought, taking that along with the rich telemmetry that we already have phoning home from 3PAR and merging that all together, that this would provide an interesting capability for our entire storage portfolio.” “Nimble sort of turns the support model on its ear by providing predictive analytics not only does it manage the storage asset but it reaches up into the customer’s virtualized applications and looks at rogue VMs, noisy neighbor syndrome, et cetera. “First, we liked the whole infosight message and capability,” HPE Senior Vice President and General Manager of Storage and Big Data Bill Philbin told eWEEK. So what was it that brought Nimble to HPE’s acquisition attention? Those include companies such as Pure Storage, Tintri, Kaminario, Tegile, ClusterHQ, Pivot3 and several others. There are quite a few smaller, new-gen storage companies out there most (but not all) of them are not making money and are hoping to be acquired.
Along with Nimble and Simplivity, HPE now owns the intellectual property of several former independent storage startups from the last decade, including StorageApps, AppQ, PolyServe, IBrix, TransSoft, Lefthand Networks and 3PAR. 17 of hyperconverged storage provider Simplivity. The Nimble acquisition, originally announced March 7, comes on the heels of the $650 million acquisition announced Jan. HPE inherits Nimble’s set of 10,000 enterprise customers, so the sales folks have got to be happy about that. HPE is now positioned to reap a good portion of that growth. The overall flash storage market, worth about $15 billion in 2016, will grow to nearly $20 billion by 2020 and is evolving at a nearly 17 percent compound annual growth rate, according to industry analysts. With the deal, the Palo Alto, Calif.-based IT giant’s position in the high-growth flash storage market improves by a few percentage points.
HPE, which had said it would finish the acquisition in Q3 2017, ostensibly has the all-flash storage intellectual property it requires to improve its position against storage market competitors, which include Dell EMC, IBM, Pure Storage and NetApp. The deal ended up as being worth $12.50 per stock share. Hewlett-Packard Enterprise, in a deal that came to fruition months ahead of its original schedule, on April 17 completed its $1 billion acquisition of new-gen flash storage maker Nimble.
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