Founded in 2009, the Massachusetts-based Simplivity sells "hyperconverged" systems that combine computing, storage and networking. HPE, based in Palo Alto, California, was the result of the November 2015 breakup of computing giant Hewlett-Packard. The group was split between its enterprise unit, HPE, and the personal computer and printer business HP Inc. that became a household name but faced increasingly fierce competition. Whitman has dismantled some of the company as the world increasingly turns to mobile devices and cloud-based computing. The price paid by HPE would indicate that the company had left the unicorn herd.

Source: The Nation Bangkok January 18, 2017 05:39 UTC