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HP
today announced
a definitive agreement to acquire Eucalyptus, a provider of open source
software for building private and hybrid enterprise clouds.
After the transaction closes, Eucalyptus Chief Executive Officer (CEO)
Marten Mickos, a respected leader in the cloud industry and a longtime
advocate of open source, 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(R) 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. "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."
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.
"We've said before that we believe the future of the Cloud is open source,
and this transaction underscores our deep commitment to helping customers
build enterprise-class, open clouds their way," said Fink. "We've already
seen significant momentum since launching HP Helion and have put in place an
outstanding team. I'm confident that Marten, a fellow open source devotee,
will continue to build out the HP Helion portfolio into the enterprise cloud
offering of choice."
Since introducing HP Helion in May, HP has grown share in private cloud and
was ranked as the leader in the Forrester Wave report for Private Cloud
Solutions.(1) In addition, HP recently announced an agreement to build and
operate community clouds for enterprise customers in China, one of the
fastest growing cloud markets in the world, and also announced HP Helion
OpenStack Professional Services to help enterprises implement OpenStack
technology-based clouds. HP is the leading code contributor to the next
release of OpenStack code, scheduled for October.
HP expects the acquisition to close in the fourth quarter of its fiscal year
2014. Terms of the deal were not disclosed.
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