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Hewlett Packard Enterprise To Buy Nimble Storage For $1.09 Billion

Hewlett Packard Enterprise To Buy Nimble Storage For $1.09 Billion

Hewlett Packard Enterprise Co said on Tuesday it would buy data storage provider Nimble Storage Inc for $1.09 billion in cash.

HPE's offer of $12.50 per share represents a premium of 45.3 per cent to Nimble's Monday closing price of $8.60.

© Thomson Reuters 2017