The Wall Street Journal reports that Nutanix is considering a buyout. Insiders claim the hyper-converged infrastructure (HCI) vendor investigated the possibility of an acquisition after receiving interest from a potential buyer.

According to The Wall Street Journal, one or more parties are interested in acquiring Nutanix. The anonymous sources report that Nutanix is considering a buyout and allowing interested parties to make an offer.

Significant bid

The preferred candidates would be private investment companies, though IT vendors aren’t being ruled out. The rumours are unconfirmed and the speculation may amount to nothing.

Nutanix is an attractive party. A potential buyer would have to place a bid exceeding the €5.1 billion ($5 billion) at which the company is currently valued. Shares of Nutanix were largely in decline this year, but rumours of a possible sale boosted the value by 23 percent last week.

Nutanix’s transition

The HCI vendor posted excellent numbers n the fourth fiscal quarter of this year. The news caused a sharp rise in its share value last month. The company seems to be outperforming the rest of the tech industry.

The acquisition rumours come at a time of major changes in Nutanix’s business model. The company is transitioning from traditional software licensing to subscription-based revenue.

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