Hewlett Packard's Enterprise division (HPE) is in the process of acquiring South African startup, Cape Networks. Once the acquisition is approved by the relevant authorities and it is successful, Cape Networks will become a part of Aruba, a Hewlett Packard Enterprise company.
Cape Networks, which has offices in both Cape Town and San Francisco, specializes in tools that help enterprises monitor, diagnose and fix Wi-Fi problems.
“Since founding Cape Networks in 2014, we’ve had tremendous success with enterprise customers around the world with our sensor-based service assurance solution. Our solution directly complements the industry-leading Aruba NetInsight solution and will help extend Aruba’s leadership and contribute to Aruba’s continued growth,” said David Wilson, Founder of Cape Networks.
One of the main reasons for the acquisition, as highlighted by HPE, is that Cape Networks’ solution complements Aruba NetInsight, and together they will deliver comprehensive AI-powered analytics and assurance so that customers can quickly adapt to changes in the user, device, application, and network environments. Cape Networks will be used to expand Aruba’s Artificial Intelligence (AI) powered networking capabilities with a sensor-based service assurance solution that gives customers a proactive, and network-agnostic tool for measuring and monitoring SaaS, application, and network services.
"Cape Networks expands Aruba’s AI-powered networking capabilities with a sensor-based network assurance solution that proactively tests the availability and performance of services and applications, alerting IT professionals of issues before they impact the user or the business. It delivers a client-centric view with easy-to-use insights with a simple and intuitive dashboard that eliminates the guesswork for IT. When the deal closes in the coming days or weeks, Cape Networks’s highly complementary solutions will be integrated into Aruba’s existing market-leading portfolio," said Antonio Neri, CEO at Hewlett Packard Enterprise.
The transaction by HPE to acquire Cape Networks is expected to be fully concluded between late March and early April 2018. The details and terms of the acquisition, including the amount of money involved, have not been disclosed.Share this via: