Cisco announced its intent to acquire Springpath, Inc, a Sunnyvale-based leader in hyperconvergence software. This acquisition [reportedly for $320M] will allow Cisco to continue to deliver next-generation data center innovation to its customers. Springpath has developed a distributed file system purpose-built for hyperconvergence that enables server-based storage systems.
The acquisition is the culmination of a long-standing strategic relationship between Cisco and Springpath. The companies have worked together since early 2016 to launch HyperFlex, the industry’s first fully integrated hyperconvergence infrastructure system. Since then, they have fully aligned on product development and go-to-market strategies. This acquisition will allow Cisco to continue to grow its computing business, enabling more customers to realize the benefits of simple and economic software-defined infrastructure.
Hyperconverged infrastructure is projected to be a $6 billion opportunity by 2020 according to IDC, and is the fastest growing segment in the data center space. HyperFlex has already seen significant customer traction over the last year, garnering more than 1800 customers and establishing a tremendous quality record.