Nimble Storage (NYSE: NMBL), the leader in predictive flash, today announced an aggressive entry point to all-flash storage. New All Flash Array Offers Superior Scalability Starting under $40K USD with 3 Years of Support New Generation of Adaptive Flash Arrays Deliver Up To 2X Performance Improvement and 40% Lower Cost of Capacity Nimble Storage Gets Aggressive on Entry Point Pricing with New Predictive Flash Array Customers can also purchase Nimble Storage’s Timeless Storage package, which offers customers a three-controller upgrade after three years.Īs the cost of flash storage continues to fall, it is possible that all of a customer’s storage will go to all-flash arrays, said Alan McDonald, president and CEO of All Connected, a Simi Valley, Calif.-based solution provider and long-time partner of Nimble Storage. The new model includes an all-inclusive software license with flat support pricing and no forklift upgrades required. The starting end-user price of under $40,000 includes 11 TBs of raw capacity, three years of support, and the full range of storage services Nimble Storage provides for its other systems. Nimble Storage’s new AF1000 can scale to up to 165 TBs of flash storage capacity in a 4U enclosure, or up to 2 petabytes effective capacity and 350,000 IOPS in 12U of space, Cohen said. He could not yet comment on growth in this quarter because Nimble Storage, as a public company, has yet to report the figures. Since that launch, all-flash arrays accounted for 12 percent of the company’s total array revenue, Cohen told CRN. The release of the company’s new entry-level, all-flash array comes just six months after Nimble Storage, best known for its hybrid flash array solutions, unveiled its first all-flash arrays. Nimble Storage also said it has completely refreshed its hybrid flash array line to include significantly higher performance and lower cost, said Gavin Cohen, head of product marketing for the San Jose, Calif.-based company. Nimble Storage this week unveiled a new entry-level, full-featured, all-flash storage array with a starting street price of under $40,000. Nimble Storage all-flash at entry level price HPE assumes no obligation and does not intend to update these forward-looking statements.Excerpt…. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements regarding the expected timing of the completion of the merger described above, as well as those risks that are described in HPEs SEC reports, including but not limited to the risks described in HPEs Annual Report on Form 10-K for its fiscal year ended October 31, 2016. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HPE and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. Such statements involve risks, uncertainties and assumptions. This document contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. With the industrys most comprehensive portfolio, spanning the cloud to the data center to workplace applications, ourtechnology and services help customers around the world make IT more efficient, more productive and more secure. Hewlett Packard Enterprise (HPE) is an industry leading technology company that enables customers to go further, faster. Nimble Storage shares are expected to be delisted from the New York Stock Exchange prior to the open of trading on April 17, 2017. HPE expects to complete the acquisition of all remaining outstanding shares of Nimble Storage on Monday, April 17, 2017, when Nimble Storage merges with and becomes a wholly owned subsidiary of HPE. HPEs wholly owned subsidiary accepted for payment all Nimble Storage shares that were validly tendered and not validly withdrawn pursuant to the Offer, and payment for such shares will be promptly made by the depositary. Citibank N.A., the depositary for the Offer, has advised HPE that, as of the expiration of the Offer, an aggregate of 75,566,796 Nimble Storage shares were validly tendered and not validly withdrawn pursuant to the Offer, representing approximately 80.8% of the Nimble Storage shares then outstanding. The Offer and all withdrawal rights thereunder expired at the end of the day, 12:00 midnight, New York City time, on April 13, 2017. (Nimble Storage) at a price of $12.50 per share, net to the seller in cash, without interest and less any applicable withholding taxes (the Offer). PALO ALTO, Calif., Ap(GLOBE NEWSWIRE) - Hewlett Packard Enterprise (NYSE: HPE) today announced that its wholly owned subsidiary has successfully completed its previously announced tender offer for all of the outstanding shares of common stock of Nimble Storage, Inc.
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