Nimble Storage, a predictive flash storage company, was recently acquired by HPE in a plan to increase the storage offerings of its mid-range and entry level customers. A Tuesday announcement said the $1 billion acquisition will likely include an additional payout of around $200 million in unvested equity awards for Nimble.
Hybrid-flash and all-flash storage products will now be alongside HPE’s entry-level MSA and StoreVirtual solutions, as well as it’s higher end 3PAR storage solution. The flash storage market alone is expected to grow by around $4 billion by 2020 up to $20 billion. HPE’s recent revenue declines will appreciate this expected boost.