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This is a deal that proves SD-WAN is a technology that is in great need, especially with work from home growing globally, testing network performance. Hewlett Packard Enterprise has seen value in SD-WAN by signing an agreement to acquire Silver Peak in a transaction valued at $925 million.
Silver Peak will be combined with HPE’s Aruba business unit and will extend Aruba’s technology leadership in the large and fast-growing SD-WAN space.
According to Antonio Neri, President and CEO of HPE this acquisition allows HPE to accelerate its edge-to-cloud strategy to provide a true distributed cloud model and cloud experience for all apps and data wherever they live. "Silver Peak’s innovative team and technology bring critical capabilities that will help our customers modernize and transform their networks to securely connect any edge to any cloud," said Neri.
By combining their strengths, the companies expect the combination to create opportunities for significant economic upside through enhanced growth and profitability by:
- Providing a superior value proposition to joint customers through integrated offerings that address a greater set of customer requirements
- Targeting an expanded TAM across SD-WAN and SD-Branch implementations
- Accelerating WAN transformations across HPE and Aruba’s broad global customer base.
“Today’s announcement comes at a unique moment for our customers, who are grappling with business recovery in the wake of the pandemic,” said Keerti Melkote, President of Intelligent Edge for Hewlett Packard Enterprise and Founder of Aruba Networks. “The need for edge-to-cloud architectures has never been more relevant as enterprises look to extend connectivity to branch locations and enable secure work-from-home experiences. Silver Peak’s technology transforms legacy WAN architectures to self-driving WANs, which is a perfect fit with Aruba’s cloud-native, AI-driven Edge Services Platform. Together, we will be able to meet these needs with critical connectivity, security, and AI capabilities to drive the next generation of Edge-to-Cloud transformation.”