HP to buy cloud software firm SimpliVity for $650m

HP to buy cloud software firm SimpliVity for $650m

A woman walks past the Hewlett Packard logo at its French headquarters in Issy le Moulineaux, western Paris, in this September 16, 2005 file photograph. REUTERS/Charles Platiau/Files

Hewlett Packard Enterprise Co said on Tuesday it would buy privately heldcloud software company SimpliVity for $650 million (525.08 million pounds) in cash, as it looks to expand in the fast-growing market for hybrid cloud platforms.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter