HP Acquires Eucalyptus to Accelerate Hybrid Cloud Adoption

HP agreed to acquire Eucalyptus, a developer of open source software for building private and hybrid enterprise clouds. Financial terms were not disclosed.

Eucalyptus, which is based in Goleta, California, offers open source software for building private clouds that are compatible with AWS APIs.

Eucalyptus Chief Executive Officer (CEO) Marten Mickos, will join HP as senior vice president and general manager of the Cloud business, reporting to Meg Whitman, chairman, president and chief executive officer of HP. In this role, Mickos will lead the HP Cloud organization in building out the HP Helion portfolio, based on OpenStack technology. Prior to Eucalyptus, Mickos was CEO of MySQL, which he grew from a garage start-up to the company providing the second most widely used open source software in the world.

“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.

“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.”

Martin Fink, who currently leads HP’s Cloud business, will remain in his roles as chief technology officer of HP and director of HP Labs, where he will focus on innovation and creating groundbreaking solutions like The Machine. Fink will also continue to lead HP’s Network Functions Virtualization (NFV) business.

http://www8.hp.com/us/en/hp-news/press-release.html?id=1790521#.VBKHly5dXTg

https://www.eucalyptus.com