HPE to Acquire Morpheus Data to Enhance GreenLake Hybrid Cloud Services
Acquisition to Bring Multi-Vendor Application Provisioning, FinOps, and AI-Driven Observability to Customers
Key Benefits of the Acquisition
- Multi-Vendor Application Provisioning: Morpheus' multi-cloud application provisioning capabilities will enable HPE GreenLake customers to provision and manage applications across different vendors and cloud platforms.
- FinOps Optimization: Morpheus Data's leadership in FinOps (financial operations) will empower HPE GreenLake customers to reduce cloud costs through optimized resource utilization and spending visibility.
- AI-Driven Observability: The combination of HPE's AI-driven observability and Morpheus Data's multi-cloud orchestration will enable customers to gain deep insights into their hybrid cloud environments.
- Streamlined IT Operations: The acquisition aims to streamline IT operations by providing a unified platform for managing hybrid cloud environments, reducing complexity and improving efficiency.
Long-Term Partnership
HPE and Morpheus Data have collaborated for years, with recent announcements including a strategic partnership in 2023. The acquisition builds on this established relationship and demonstrates HPE's commitment to enhancing its GreenLake offering.
Industry Leader in Hybrid Cloud Application Orchestration
Morpheus Data is recognized as a leader in hybrid cloud application orchestration, with a proven track record of empowering enterprises with efficient and cost-effective cloud management solutions.
Synergistic Software Offerings
The combination of HPE GreenLake and Morpheus Data's software offerings creates a comprehensive solution that addresses key challenges in hybrid cloud management, including multi-cloud provisioning, cost optimization, and AI-driven observability.
This acquisition is expected to close in the second half of 2024, subject to regulatory approvals and customary closing conditions.
Comments