Hewlett Packard Enterprise’s $925 Million Acquisition Of Silver Peak

Fenwick & West represented Silver Peak in the transaction.

Hewlett Packard Enterprise (NYSE:HPE) has entered into a definitive agreement to acquire Silver Peak, an SD-WAN (Software-Defined Wide Area Network) leader, in a transaction valued at $925 million.

Silver Peak will be combined with HPE’s Aruba business unit and will extend Aruba’s technology leadership in the large and fast-growing SD-WAN space.

The transaction is expected to close in the fourth quarter of HPE’s fiscal year 2020, subject to regulatory approvals and other customary closing conditions.

Hewlett Packard Enterprise is the global edge-to-cloud platform-as-a-service company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere.

The Fenwick transaction team advising Silver Peak included corporate partners Kris Withrow (Picture) and Dawn Belt and associates Victoria Lupu, Sean Ahn, Joanna Xu and Sloka Tankala; executive compensation & employee benefits partner Nancy Chen and associate Jonathan Stephenson; intellectual property and technology transactions partner Ralph Pais, counsel Charles Cathey, senior attorney Brian Brannon, associates Joseph Schenck, Alan Xiang and Pinar Bailey, and foreign attorney Andrew Martinez; antitrust & trade regulation partner Mark Ostrau and counsel Ashley Walter; privacy & cybersecurity partner James Koenig, of counsel Hanley Chew and director Brent Hoard; and tax partner Idan Netser and associate Einav Axler.

Involved fees earner: Sean Ahn – Fenwick & West LLP; Einav Axler – Fenwick & West LLP; Pinar Bailey – Fenwick & West LLP; Dawn Belt – Fenwick & West LLP; Brian Brannon – Fenwick & West LLP; Charles Cathey – Fenwick & West LLP; Nancy Chen – Fenwick & West LLP; Hanley Chew – Fenwick & West LLP; Jim Koenig – Fenwick & West LLP; Victoria Lupu – Fenwick & West LLP; Andrew Martinez – Fenwick & West LLP; Idan Netser – Fenwick & West LLP; Mark Ostrau – Fenwick & West LLP; Ralph Pais – Fenwick & West LLP; Joseph Schenck – Fenwick & West LLP; Jonathan Stephenson – Fenwick & West LLP; Sloka Tankala – Fenwick & West LLP; Ashley Walter – Fenwick & West LLP; Kris Withrow – Fenwick & West LLP; Alan Xian – Fenwick & West LLP; Joanna Xu – Fenwick & West LLP;

Law Firms: Fenwick & West LLP;

Clients: Silver Peak Systems, Inc.;

Author: Ambrogio Visconti