Hewlett Packard Enterprise Acquires Silver Peak for $925M

July 13, 2020

Hewlett Packard Enterprise (HPE) has entered into a definitive agreement to acquire SD-WAN leader Silver Peak for approximately $925 million in cash. Silver Peak will be combined with HPE's Aruba business unit to extend Aruba's Edge Services Platform and accelerate HPE's edge-to-cloud networking strategy; the deal is expected to close in HPE's fiscal Q4 2020 subject to regulatory approvals.

Buyers
Hewlett Packard Enterprise (HPE)
Targets
Silver Peak
Location
California, United States
Transaction Type
Buyout

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