Valued at $925 million, this transaction is expected to bring Silver Peak’s SD-WAN offerings into HPE’s Aruba business unit to complement and strengthen Aruba’s Edge Service Platform (ESP) in the SD-WAN sector. According to HPE, also combining Silver Peak’s SD-WAN with Aruba’s SD-Branch solutions will enable customers to simplify branch office and WAN deployments for remote workforces, enable cloud-connected distributed enterprises, and optimally transform business operations.
“HPE was an early mover in identifying the opportunity at the edge and that trend is accelerating in a post-COVID world,” said Antonio Neri, president and CEO of HPE.
“With this acquisition we are accelerating our 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.”
Headquartered in California, United States, Silver Peak has been in operation since 2004 and currently boasts of serving more than 1,500 production SD-WAN customers globally. Powered by Silver Peak’s SD-WAN edge platform, its customers can achieve dedicated WAN-like performance while running all cloud applications and services via broadband access.
“Bringing together Silver Peak’s advanced SD-WAN solutions with Aruba’s industry leading networking portfolio provides an unprecedented opportunity to deliver comprehensive business-driven solutions to our customers,” said David Hughes, founder and CEO of Silver Peak.
“The Silver Peak and Aruba teams share a common vision and goal to provide simplicity, scalability, and application-awareness at the edge. With Aruba’s extensive go-to-market, we will further accelerate our ability to drive faster adoption of these transformational technologies. We are excited for the opportunities we will have as a combined team to accelerate innovation in this fast-growing segment of the networking market.”
The transaction is expected to close in the fourth quarter of HPE’s fiscal year 2020, subject to regulatory approvals and other customary closing conditions.