HP buys cloud software firm Eucalyptus

12 Sep 2014

Computer maker HP has struck an agreement to acquire cloud software company Eucalyptus to accelerate hybrid cloud adoption in the enterprise. Terms of the deal were not disclosed.

Eucalyptus is a provider of open-source software for building private and hybrid enterprise clouds. 

Marten Mickos, CEO of Eucalyptus, said HP and Eucalyptus share a common vision for the future of cloud in the enterprise.

“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,” said Mickos, who will join HP as senior vice-president and general manager of the cloud business after the acquisition closes.

The deal is expected to close in the fourth quarter of this year.

HP described HP Helion as a portfolio of products and services that brings all the benefits and agility of cloud computing.

Tina Costanza was a journalist and sub-editor at Silicon Republic