HPE closes deal for Silver Peak valued at $925M

Sep. 21, 2020 4:17 PM ETHewlett Packard Enterprise Company (HPE) StockBy: Jason Aycock, SA News Editor
  • Hewlett Packard Enterprise (NYSE:HPE) has completed its acquisition of Silver Peak, a deal valued at $925M.
  • It will absorb the SD-WAN leader into its Aruba company and shore up Aruba's Edge Service Platform.
  • Silver Peak founder and CEO David Hughes will join HPE as senior VP of the WAN business within Aruba.
  • “WAN transformation is a key component of HPE’s Intelligent Edge and edge-to-cloud vision and growth strategy,” says HPE CEO Antonio Neri. “Armed with a comprehensive SD-WAN portfolio with the addition of Silver Peak, we will accelerate the delivery of a true distributed cloud model and cloud experience for all apps and data wherever they live.”

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