Thursday, August 15, 2024

HPE to acquire Morpheus Data for Hybrid Cloud Mgt

Hewlett Packard Enterprise (HPE) agreed to acquire Morpheus Data, a leading provider of hybrid cloud management and platform operations software. This acquisition is a strategic move to enhance HPE GreenLake by integrating Morpheus' capabilities, further simplifying the management of complex, multi-vendor IT environments. The move underscores HPE's commitment to expanding its hybrid cloud operations and solidifying HPE GreenLake as the go-to platform for enterprises navigating the challenges of hybrid IT infrastructures.

Key Highlights:

Enhanced Hybrid Cloud Management: Morpheus will bring multi-vendor, multicloud application provisioning, orchestration, and automation to HPE GreenLake.

FinOps Capabilities: The acquisition will boost HPE’s ability to optimize cloud costs through advanced FinOps features.

Strategic Integration: This follows HPE's acquisition of OpsRamp in 2023, further strengthening its IT operations management portfolio.

Future-Proofing IT: HPE GreenLake aims to be the platform of choice for managing virtualized, cloud-native, and AI workloads across diverse environments.

Expected Closing: The transaction is anticipated to close in the fourth quarter of HPE’s 2024 fiscal year, with Morpheus Data’s technology integrated into HPE’s offerings while remaining available as standalone software.