HPE acquires Morpheus Data, a leader in Hybrid Cloud management software
August 15, 2024 | WEB: HOUSTON
Hewlett Packard Enterprise (HPE) has announced the acquisition of Morpheus Data, a provider of software for hybrid cloud management. Morpheus Data's software helps organizations manage and orchestrate their cloud resources, regardless of whether they are on-premises or in public clouds such as AWS, Azure, and Google Cloud. In a nutshell, the acquisition bolsters HPE's hybrid cloud offerings and strengthens its position in the market.
HPE says the acquisition will help it to meet the growing demand for hybrid cloud solutions. Businesses are increasingly looking to adopt hybrid cloud environments to take advantage of the benefits of both on-premises and public clouds. However, managing hybrid cloud environments can be complex and time-consuming.
Morpheus Data's software simplifies the management of hybrid cloud environments, making it easier for businesses to adopt and manage hybrid cloud solutions. Morpheus Data's software provides a single pane of glass for managing hybrid cloud environments, enabling businesses to easily provision, manage, and monitor their cloud resources.
The acquisition is expected to close in the fourth quarter of 2024. Financial terms of the deal were not disclosed.
Benefits of the Acquisition for HPE
- Enhances HPE's hybrid cloud offerings: The acquisition of Morpheus Data will enhance HPE's hybrid cloud offerings, providing customers with a more comprehensive solution for managing their hybrid cloud environments.
- Strengthens HPE's position in the market: The acquisition will strengthen HPE's position in the hybrid cloud market, making it a more formidable competitor to other vendors such as VMware and Cisco.
- Provides HPE with new capabilities: Morpheus Data's software provides HPE with new capabilities, such as the ability to manage multi-cloud environments and provide cloud cost optimization.
Benefits of the Acquisition for Morpheus Data
- Access to HPE's customer base: Morpheus Data will gain access to HPE's large customer base, which will help it to grow its business.
- Integration with HPE's products and services: Morpheus Data's software will be integrated with HPE's products and services, making it easier for customers to manage their hybrid cloud environments.
- Increased investment in research and development: HPE's acquisition will provide Morpheus Data with increased investment in research and development, which will help it to continue to develop innovative software solutions.
Conclusion
The acquisition of Morpheus Data is a strategic move for HPE, which will help it to strengthen its position in the hybrid cloud market. Morpheus Data's software will provide HPE with new capabilities and help it to meet the growing demand for hybrid cloud solutions.
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