What the Plexxi sale to HPE means for you
Plexxi to be Acquired by HPE
Earlier this week, it was announced that Hewlett-Packard Enterprise (HPE) will acquire the cloud technology service Plexxi. While the deal won’t close until late July, according to TechCrunch it likely will carry a $250 million price tag and could approach a half a billion dollars. With the combination of Plexxi’s network technology and HPE’s sheer global presence and software-defined infrastructure, end users will benefit from the increased competition in the cloud space.
At ITP, we value the HPE team and see this move as a net-positive for customers migrating operations to cloud environments. With major players making moves to acquire cloud migration technologies, like Google’s Velostrata purchase, end-users are poised to enter the age of hyperconverged with a bountiful harvest of options. This benefits our current customers who employ Plexxi in their IT environments.
But what does Plexxi do?
For those who don’t know, Plexxi is a market leader in software-defined data center solutions, aka they sought to optimize application performance for hybrid cloud environments at the enterprise level. Their solution emphasized applications because it reduced the number of required switches compared to traditional architectures. With more and more businesses moving to the cloud, many require a migration from on-premise storage to the cloud at a speed they can manage.
Plexxi is one of many cloud service optimizers on the market, but they excel at focusing on the bigger picture of a multi-cloud strategy. Their continued goal is to “build a modern intelligent data center fabric.” In other words, they want to create the software the simplifies your cloud experience, optimizes your systems in real-time, and learns how to continue updating itself over time for maximum efficiency.
We are excited to see if the new HPE / Plexxi marriage will lead the tech world into that bright light, or if competitors like Google and Microsoft will find a way first.
Plexxi’s solution will continue to function well with partner Nutanix, which just wrapped its .NEXT conference in New Orleans last week. You can check out our recap from that event here.
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