Hewlett Packard Enterprise $1.09 billion acquisition of Nimble Storage

7/3/2017

Public acquisition

Value:

$ 1.09 billion

Status:

Announced

Date:

7/3/2017

Overview:

Hewlett Packard Enterprise has acquired flash storage technology company Nimble Storage in a $1.09 billion deal.
Nimble's stock will be de-listed from the NYSE following the completed acquisition.
Bank of America Merrill Lynch acted as financial adviser for HPE.
The transaction is expected to close in April.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Technology and telecommunications

Firms:

Fenwick & West

Party: Nimble Storage (Target)

Lawyers: Gordon Davidson, Lynda Twomey

Wachtell Lipton Rosen & Katz

Party: Hewlett Packard Enterprise (Acquirer)

Lawyers: Andrew Brownstein, Benjamin Roth

Weil Gotshal & Manges

Party: Bank of America Merrill Lynch (Financial adviser)

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