devxlogo

HP Buys Hybrid Cloud Software Vendor Eucalyptus

On Thursday, HP announced that it would purchase Eucalyptus, a company that offers open source software for building hybrid cloud computing environments. Terms of the deal were not disclosed, but HP did say that it would name Eucalyptus CEO Marten Mickos as general manager of HP’s cloud business.

Industry watchers say the acquisition strengthens HP’s position in the cloud computing market and gives it more credibility as a supporter of open source software, particularly OpenStack architecture.

View article

Charlie has over a decade of experience in website administration and technology management. As the site admin, he oversees all technical aspects of running a high-traffic online platform, ensuring optimal performance, security, and user experience.

About Our Editorial Process

At DevX, we’re dedicated to tech entrepreneurship. Our team closely follows industry shifts, new products, AI breakthroughs, technology trends, and funding announcements. Articles undergo thorough editing to ensure accuracy and clarity, reflecting DevX’s style and supporting entrepreneurs in the tech sphere.

See our full editorial policy.