Hewlett-Packard acquires private-cloud software player Eucalyptus

HP wants to provide a broad range of cloud computing services and Eucalyptus Systems is a clear move in that direction

HP wants to provide a broad range of cloud computing services and Eucalyptus Systems is a clear move in that direction

On Thursday, Hewlett-Packard announced a deal to acquire Eucalyptus, a developer of open source software for building private and hybrid enterprise clouds. While HP did not disclose financial terms of the deal, the acquisition aims at ramping the California company’s efforts in the growing field of cloud computing.

Eucalyptus, which is based in Goleta, California, is a company that produces software for private cloud computing that are compatible with AWS APIs. Similar to those of Amazon, the company provides hybrid cloud computing services, which means that clients can shift workloads back and forth between their data centers and the AWS EC2 public cloud.

Amazon didn’t offer any private cloud tech, until CIA made a huge offer. Amazon specially constructed a $US600 million data center for the intelligence agency.

The battle seems to be intensifying as cloud computing is becoming more and more common. Clearly, open source fans should be thrilled by this acquisition. Even the corporate world seems to be turning to open source technologies now. Companies are reluctant to possibly get stuck in a closed source when it comes to cloud and data storage. Incorporating open source might allow greater flexibility and control. The hybrid model provides advantages in data management for both the provider and the client as well.

HP wants to provide a broad range of cloud computing services and Eucalyptus Systems is a clear move in that direction, as the company provided cloud services compatible with Amazon’s.

Acquiring Eucalyptus seems to be HP’s first major investment in cloud computing. In May, the company announced that it plans to invest about $1 billion in cloud computing, a new unit called Helion run by Martin Fink.

As part of this acquisition, Eucalyptus Chief Executive Officer (CEO) Marten Mickos will join HP as senior vice president and general manager of the Cloud business, reporting directly to Meg Whitman, chairman, president and chief executive officer of HP. The move is important for Eucalyptus CEO as well. From now on, Mickos will lead the HP Cloud organization in expanding the HP Helion portfolio, which is based on OpenStack technology.

“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.”

Anna Domanska
Anna Domanska is an Industry Leaders Magazine author possessing wide-range of knowledge for Business News. She is an avid reader and writer of Business and CEO Magazines and a rigorous follower of Business Leaders.

Recent Posts

Ikea and Rockefeller Foundations to raise $10 billion for renewable energy projects in poor countries

Ikea and Rockefeller Foundations to raise $10 billion for renewable energy projects in poor countries

The Ikea and Rockefeller foundations are jointly launching a $10 billion fund to promote small-scale renewable power projects in developing nations. Both
8 hours ago
EC initiates another probe into Google’s adtech practices

EC initiates another probe into Google’s adtech practices

EU antitrust regulators are planning a formal investigation into Google’s digital advertising practices by the end of this year. Google is already facing unprecedented regulatory
15 hours ago
Some Microsoft employees stayed at data centers during Pandemic to keep all systems going

Some Microsoft employees stayed at data centers during Pandemic to keep all systems going

The Covid-19 pandemic ravaging the world for more than a year has forced companies and organizations to find viable solutions to keep the business going. Most found a solution in w
1 day ago
Meme stocks frenzy and 3 companies to follow

Meme stocks frenzy and 3 companies to follow

The doom and gloom about the stock market that has been predicted since the pandemic started has abated somewhat with the resilience shown by investors (helped by low-interest rate
1 day ago
US Space Force allows repurposed SpaceX rocket to launch GPS satellite

US Space Force allows repurposed SpaceX rocket to launch GPS satellite

A GPS navigation satellite built by Lockheed Martin is set to ride a reused SpaceX booster on a launch from Cape Canaveral, Florida, Thursday. It will be the first time a military
3 days ago
Disney boss says 40 pc ad revenue went to streaming sites, no plans of ad supported Disney+

Disney boss says 40 pc ad revenue went to streaming sites, no plans of ad supported Disney+

Walt Disney CEO Bob Chapel says the company’s advertising revenue for the upcoming fall television season was strong and went up by “double-digits” compared to 2019.
5 days ago