Why Hewlett Packard Enterprise Acquired Plexxi
On May 15, Hewlett Packard Enterprise (HPE) announced its intention to acquire data center SDN (software-defined networking) company Plexxi for an undisclosed sum. Plexxi, founded in 2010, has received ~$83.4 million in funding to date. Plexxi develops optimized networks to improve application performance. HPE expects Plexxi’s acquisition to close by fiscal 3Q18.