HP Enterprise to buy Silver Peak for about $925 mln – marketscreener.com


July 13 (Reuters) – Hewlett Packard Enterprise Co
said on Monday it would buy Silver Peak, a California-based
developer of tools to enhance the performance of wide area
networks, for about $925 million in cash.

Silver Peak will be combined with HPE’s Aruba business unit,
which makes Wi-Fi network gear, the company said.
(Reporting by Ayanti Bera in Bengaluru; Editing by Sriraj
Kalluvila)



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