Tech Company M&A Transactions

Nimble Storage Acquisition

Nimble Storage, operating out of San Jose, was acquired by Hewlett Packard Enterprise. Financial terms set the valuation at $1.2 billion.

Transaction Overview

Company Name
Announced On
3/7/2017
Transaction Type
M&A
Amount
$1,200,000,000
M&A Terms
HPE will pay $12.50 per share in cash, representing a net cash purchase price at closing of $1.0 billion. In addition to the purchase price, HPE will assume or pay out Nimble's unvested equity awards, with a value of approximately $200 million at closing.

Company Information

Company Status
Acquired or Merged
Industry
Storage
Mailing Address
211 River Oaks Parkway
San Jose, CA 95134
USA
Email Address
Overview
Nimble Storage (NYSE: NMBL) has developed the first converged storage and backup solution that significantly reduces the cost and complexity of storing, accessing, and protecting data for enterprises.
Profile
Nimble Storage LinkedIn Company Profile
Social Media
Nimble Storage Company Twitter Account
Company News
Nimble Storage News
Facebook
Nimble Storage on Facebook
YouTube
Nimble Storage on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Suresh Vasudevan
  Suresh Vasudevan LinkedIn Profile  Suresh Vasudevan Twitter Account  Suresh Vasudevan News  Suresh Vasudevan on Facebook
Chief Financial Officer
Anup Singh
  Anup Singh LinkedIn Profile  Anup Singh Twitter Account  Anup Singh News  Anup Singh on Facebook
Chief Technical Officer
Umesh Maheshwari
  Umesh Maheshwari LinkedIn Profile  Umesh Maheshwari Twitter Account  Umesh Maheshwari News  Umesh Maheshwari on Facebook
VP - Engineering
Varun Mehta
  Varun Mehta LinkedIn Profile  Varun Mehta Twitter Account  Varun Mehta News  Varun Mehta on Facebook
VP - General Counsel
Aparna Bawa
  Aparna Bawa LinkedIn Profile  Aparna Bawa Twitter Account  Aparna Bawa News  Aparna Bawa on Facebook
VP - Human Resources
Paul Whitney
  Paul Whitney LinkedIn Profile  Paul Whitney Twitter Account  Paul Whitney News  Paul Whitney on Facebook
VP - Marketing
Dan Leary
  Dan Leary LinkedIn Profile  Dan Leary Twitter Account  Dan Leary News  Dan Leary on Facebook
VP - Operations
Stacey Cornelius
  Stacey Cornelius LinkedIn Profile  Stacey Cornelius Twitter Account  Stacey Cornelius News  Stacey Cornelius on Facebook
VP - Product Management
Ajay Singh
  Ajay Singh LinkedIn Profile  Ajay Singh Twitter Account  Ajay Singh News  Ajay Singh on Facebook


 

 

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Our team works diligently to report on every notable VC transaction. VC investment data records on this site come from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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