Scale Computing CEO questions SimpliVity valuation

Tom Wright
clock • 3 min read

Jeff Ready claims valuation shows that SimpliVity's revenue is lower than most in the industry thought

The CEO of hyper-converged vendor Scale Computing has questioned both the valuation and revenue of competitor SimpliVity after HPE announced its acquisition of the firm for $650m. While the take...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
'The channel are realising VMware doesn't work for their needs anymore' - Climb Channel Solutions partners with VMware alternative Scale Computing

Distributor

The duo are offering a way out for European VMware partners and customers

clock 20 March 2024 • 2 min read
CEO Jeff Ready: Broadcom-VMware backlash is 'blowing up' and Scale Computing is capturing it with a 'rip and replace' programme

Vendor

Scale Computing CEO Jeff Ready is stunned by how Broadcom is "burning" the VMware channel. The "Rip and Replace" program could eventually persuade Scale to switch manufacturers. Competitor Nutanix is also benefiting from the chaos at VMware.

clock 29 January 2024 • 9 min read
Nutanix tells investors it has been improperly using licensed software

Vendor

The vendor said it will miss its SEC deadline as a result

clock 15 March 2023 • 3 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

Cloud sustainability: Greater transparency needed as the channel makes progress on Scope 3

Cloud sustainability: Greater transparency needed as the channel makes progress on Scope 3

From a partner perspective, the more data we have to share, the more we'll use it creatively," says Chris Bunch, CEO of cloud consultancy D55

clock 25 April 2024 • 3 min read
Rubrik completes IPO, boosting fundraise to $752m

Rubrik completes IPO, boosting fundraise to $752m

The data security firm becomes the first cybersecurity vendor to go public in more than two years.

Kyle Alspach
clock 25 April 2024 • 2 min read
IBM confirms $6.4bn HashiCorp purchase by year's end

IBM confirms $6.4bn HashiCorp purchase by year's end

‘HashiCorp has a proven track record of enabling clients to manage the complexity of today’s infrastructure and application sprawl,’ says IBM CEO Arvind Krishna

Wade Tyler Millward
clock 25 April 2024 • 3 min read