HPE Acquires Silver Peak, Strengthening its SD-WAN Offering
According to a recent report by Global Market Insights, the SD-WAN market surpassed $1 billion in 2019 alone. They are projecting that this number will grow by at least 60% by the year 2026. This growth can be attributed to a rise in applications moving to the cloud, a rise in remote workforce, and a rise in mobile/IoT devices. All these factors are resulting in very high costs of legacy WAN architectures and increasing interest in shifting investments towards SD-WAN.
On July 13th, 2020, HPE announced its intent to acquire Silver Peak, in an effort to bolster its SD-WAN portfolio and accelerate its edge-to cloud strategy. Silver Peak was recently named the overall winner in the SD-WAN category of the 2020 CRN Annual Report Card (ARC) Awards.
In a recent press release, Keerti Melkote, who is the founder of Aruba Networks and president of Intelligent Edge at HPE, expressed the significance of this acquisition and what it means for organizations. “…Silver Peak’s technology transforms legacy WAN architectures to self-driving WANs, which is a perfect fit with Aruba’s cloud-native, AI-driven Edge Services Platform. Together, we will be able to meet these needs with critical connectivity, security, and AI capabilities to drive the next generation of Edge-to-Cloud transformation.”
Organizations can expect the following key benefits from this merger:
- Significant cost savings over traditional WAN architecture while maintaining application performance and reliability
- Simplification of branch office and WAN deployments to connect campus, data center, branch, and remote worker locations
- Acceleration of cloud transformation for organizations with an edge-to-cloud networking solution covering wired, wireless LAN and WAN
The transaction, valued at $925 million dollars, was completed on September 21st, 2020. You can read the full press release from HPE here.
Vandis has been partnered with Aruba Networks for over a decade and has extensive experience with designing and implementing SD-WAN solutions. For a free consultation, contact us at (516) 281-2200 or firstname.lastname@example.org.