HPE to Acquire SimpliVity and Expand Leadership in Growing Hybrid IT Industry

HPE to Acquire SimpliVity and Expand Leadership in Growing Hybrid IT Industry

PALO ALTO, CA — (Marketwired) — 01/17/17 — Hewlett Packard Enterprise (NYSE: HPE)Hewlett Packard Enterprise (NYSE: HPE) today announced a definitive agreement to acquire SimpliVity, a leading provider of software-defined, hyperconverged infrastructure, for $650 million in cash. The hyperconverged market was estimated to be approximately $2.4 billion in 2016, and is expected to grow at a compound annual growth rate of 25 percent, to nearly $6 billion, by 2020. By bringing together HPE–s best

True North Service Purchased by LogiGear

SEATTLE, WA — (Marketwired) — 01/17/17 — (TNS), a mobile software testing and staffing firm, today announced that it has been acquired by , a world leader in software testing solutions. TNS CEO Jeff Gough will be an advisor to LogiGear to ensure a seamless transition and to provide guidance on mobile and regional initiatives. The acquisition will be in exchange for a combination of cash and a percentage of future revenues.True North Service is a self-funded Seattle company, founded in 2007

Active Power Sale Complete to Langley Holdings PLC

Active Power Sale Complete to Langley Holdings PLC

AUSTIN, TX — (Marketwired) — 11/19/16 — Active Power (NASDAQ: ACPW), the flywheel energy storage specialist, has completed the sale of its business to Piller Power Systems, Inc. ("Piller") pursuant to the Asset Purchase Agreement ("APA") announced Sept. 30, 2016. The deal was at a special meeting of stockholders on Nov. 16, 2016.With its installed base of more than 5,000 kinetic energy storage units worldwide, Active Power complements Piller–s business perfectly. Piller

SpeedCast to Acquire Harris CapRock

SpeedCast to Acquire Harris CapRock

SpeedCast acquisition of Harris CapRock creates a global and diversified leader in remote communications and network services

Sydney, Australia, November 1, 2016 – SpeedCast International Limited (ASX: SDA), a leading global satellite communications and network service provider, today announced it has entered into a definitive agreement to acquire Harris CapRock in a cash transaction valued at US$425 million. Harris CapRock is a global leader in the Energy and Maritime segments. The acquisition