HPE Might Buy Nutanix to Boost GreenLake

Primarily speculation at this point, the buyout would mean big things for both companies.

Allison Francis

December 2, 2022

1 Min Read
Merger rumor

Hewlett Packard Enterprise (HPE) is potentially interested in taking over cloud computing/hyperconverged infrastructure company Nutanix. 

According to sources, HPE has held talks with Nutanix in recent months. The “talks between the companies have been on and off and it’s unclear whether they will be able to reach an agreement over price,” says Bloomberg

The Wall Street Journal said back in October that Nutanix was actively looking at potential buyers. At this point, Nutanix could decide to stay independent or go with another buyer. It is still too early to tell. 

Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.

Nutanix stock rose 4.3%, to $29.46, in trading on Thursday when the speculation rose, giving the company a market value of about $6.7 billion. By the closing bell on Friday, it was $30.53. HPE’s stock price has remained fairly constant over the past two days.

So, why the deal-seeking? What could HPE want with Nutanix? It could be the potential destination for the company’s virtualization and storage stack with HPE’s GreenLake XaaS platform.

Representatives for Hewlett Packard Enterprise and Nutanix have declined to comment.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Allison Francis or connect with her on LinkedIn.

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About the Author(s)

Allison Francis

Allison Francis is a writer, public relations and marketing communications professional with experience working with clients in industries such as business technology, telecommunications, health care, education, the trade show and meetings industry, travel/tourism, hospitality, consumer packaged goods and food/beverage. She specializes in working with B2B technology companies involved in hyperconverged infrastructure, managed IT services, business process outsourcing, cloud management and customer experience technologies. Allison holds a bachelor’s degree in public relations and marketing from Drake University. An Iowa native, she resides in Denver, Colorado.

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