Monday morning, Hewlett Packard Enterprise announced a deal to acquire Silver Peak, a leader in the SD-WAN market, for $925M. Silver Peak is expected to combine with Hewlett Packard’s Aruba division to streamline their edge-to-cloud strategy. This acquisition gives HPE Aruba a more competitive edge against broader market competitors and saves them roughly two years of building out their own SD-WAN product.
As seen in the graph above, transactions of SD-WAN companies have been trending up in the past 10 years with the majority of them being small to midsize companies. Overall this transaction underscores the general shift in the WAN market to SD solutions that are interchangeable and easy to incorporate into existing networks. With the SD-WAN market expected to reach $4.1B by 2023, it makes sense that large companies like HPE, Cisco, & VMWare have chosen to acquire to accelerate time to market of their solutions.
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