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HP buys Eucalyptus to drive cloud adoption

HP buys Eucalyptus to drive cloud adoption
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Hewlett-Packard (HP) has announced that it has reached a definitive agreement to acquire Eucalyptus, a provider of open source software for building private and hybrid enterprise clouds, to accelerate hybrid cloud adoption in the enterprise.

According to the PC maker, CEO of Eucalyptus Marten Mickos, will join HP as senior vice president and general manager of the Cloud business, after the transaction closes. In this role, Mickos will lead the HP Cloud organisation in building out the HP Helion portfolio, based on OpenStack technology.

“The addition of Marten to HP’s world-class Cloud leadership team will strengthen and accelerate the strategy we’ve had in place for more than three years, which is to help businesses build, consume and manage open source hybrid clouds,” said Whitman. “Marten will enhance HP’s outstanding bench of Cloud executives and expand HP Helion capabilities, giving customers more choice and greater control of private and hybrid cloud solutions.”

“Eucalyptus and HP share a common vision for the future of cloud in the enterprise,” said Mickos. “Enterprises are demanding open source cloud solutions, and I’m thrilled to have this opportunity to grow the HP Helion portfolio and lead a world-class business that delivers private, hybrid, managed and public clouds to enterprise customers worldwide.”

HP expects the acquisition to close in the fourth quarter of this year. Terms of the deal were not disclosed.

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Kayode Oladeinde Technology Journalist at Technology Times. Mobile: +234 (0) 7031526929