Wall Street's M&A Chatter From January 17

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday, January 17, 2017.

Hewlett Packard Enterprise Acquires SimpliVity for $650M in Cash(

The Deal:

Hewlett Packard Enterprise Co HPE announced a definitive agreement to acquire SimpliVity for $650 million in cash. The transaction is expected to close in Q1 of HPE's fiscal year 2017, subject to regulatory review and approval.

Hewlett Packard Enterprise closed Tuesday at $22.69, down 1.09 percent.

ExxonMobil to Acquire Companies in Permian Basin for $5.6B in Stock

The Deal:

Exxon Mobil Corporation XOM announced it will more than double its Permian Basin by acquiring companies owned by the Bass family. Exxon Mobil will make an upfront payment of $5.6 billion in Exxon Mobil shares, plus a series of contingent cash payments totaling up to $1 billion, to be paid beginning in 2020 and ending with the development of the resource, no later than 2032.

ExxonMobil closed at $87.36 on Tuesday, up 1.17 percent.

Microsoft Acquires Simplygon

The Deal:

Microsoft Corporation MSFT has acquired the developer of automatic 3D data-optimization solutions, Simplygon. Financial terms were not disclosed.

Microsoft closed at $62.53 on Tuesday, down $0.17.