Subj : HPE snaps up cloud management firm Morpheus Data in latest GreenL
To   : All
From : TechnologyDaily
Date : Mon Aug 19 2024 13:00:05

HPE snaps up cloud management firm Morpheus Data in latest GreenLake push

Date:
Mon, 19 Aug 2024 11:55:06 +0000

Description:
Morpheus Data snapped up by HPE as tech giant looks to strengthen GreenLake.

FULL STORY
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Hewlett Packard Enterprise (HPE) has announced its acquisition of cloud 
management platform provider Morpheus Data in a move set to strengthen its 
GreenLake cloud service. 

The financial details of the deal have not been disclosed, however the move 
highlights the companys ambition to increase its dominance of the hybrid 
cloud market. 

With the acquisition of Morpheus Data, we will take the next major leap to 
make HPE GreenLake cloud the de facto platform for innovating across hybrid 
IT," noted HPE CTO Fidelma Russo. HPE acquires Morpheus Data 

This isnt the first time the two companies have come across each other, as 
Morpheus Data, known for its cloud management platform, specializing in 
multicloud environments, supporting virtualization technologies like Azure 
Stack Hub and VMware ESXi, has been integral to HPEs GreenLake service since 
2022. 

Morpheus also collaborates with Dell, Lenovo and Amazon Web Services, 
offering CMP solutions for their hybrid and private cloud services. HPE 
confirmed that those existing partnerships will continue. 

By combining HPEs offerings in FinOps, self-service provisioning and 
application lifecycle management with Morpheuss tools and experience, HPE 
hopes to bolster its position by accounting for a greater portion of the 
market. 

A company spokesperson (via The Register ), the acquisition will accelerate 
the GreenLake cloud roadmap by enhancing private cloud capabilities and 
simplifying cloud spending optimization. The addition of Morpheuss nearly 100 
codeless hybrid cloud integrations is expected to simplify application 
provisioning and hybrid cloud management. 

Details of the deal are limited, however HPE hopes to have completed the 
acquisition by the end of its fourth quarter, ending in October 2024. HPEs 
steady quarterly growth have been attributed to cloud and AI during its 
second-quarter earnings release, HPE CFO Marie Myers noted: The long-term 
trends across hybrid cloud and networking also position us well for the 
future. More from TechRadar Pro Check out the best cloud hosting providers 
Weve put together a list of the best small business servers HPE's 
multi-billion dollar Juniper takeover deal wins even more approval



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Link to news story:
https://www.techradar.com/pro/hpe-snaps-up-cloud-management-firm-morpheus-data
-in-latest-greenlake-push


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