July 13, 2020 / 12:02 PM / a month ago

HP Enterprise to buy Silver Peak for about $925 mln

July 13 (Reuters) - Hewlett Packard Enterprise Co said on Monday it would buy Silver Peak, a California-based developer of tools to enhance the performance of wide area networks, for about $925 million in cash.

Silver Peak will be combined with HPE's Aruba business unit, which makes Wi-Fi network gear, the company said. (Reporting by Ayanti Bera in Bengaluru; Editing by Sriraj Kalluvila)

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