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March 20, 2023
Hewlett Packard Enterprise (HPE) is acquiring OpsRamp to expand the reach of HPE GreenLake into the IT operations management (ITOM) market.
OpsRamp monitors, observes, automates and manages IT infrastructure, cloud resources, workloads and applications for hybrid and multicloud environments, including hyperscalers. OpsRamp was part of Hewlett Packard Pathfinder’s venture capital investment in 2020.
The HPE GreenLake platform provides customers and partners with a unified hybrid cloud experience and access to cloud services. With OpsRamp’s services, new and existing HPE customers can more efficiently manage IT investments and remediate incidents faster, the company said. Organizations benefit from one platform from which to automate, orchestrate and operate their hybrid cloud estate.
HPE GreenLake supports more than 65,000 customers, powers more than 2 million connected devices and manages more than one exabyte of data with customers worldwide.
Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.
HPE should complete its acquisition of OpsRamp this spring. It isn’t disclosing financial details of the deal.
Latha Vishnubhotla is HPE’s chief platform officer.
HPE’s Latha Vishnubhotla
“Integrating OpsRamp with the HPE GreenLake platform will enable partners to help their customers reduce the operational complexity of multivendor and multicloud IT estates that are in the public cloud, colocations and on-premises,” she said.
Customers today are managing several different cloud environments, with different IT operational models and tools, Vishnubhotla said. That increases the cost and complexity of digital operations management.
“The combination of OpsRamp and HPE GreenLake will remove these barriers by providing customers with an integrated edge-to-cloud platform,” she said. “Partners and the channel will play a pivotal role to address this opportunity and advance their as-a-service offerings, as enterprises look for a unified approach to better manage their multivendor and multicloud IT estates.”
OpsRamp has more than 50 MSP, GSI and reseller partners, which support thousands of customers worldwide, Vishnubhotla said.
Using its global go-to-market (GTM) engine, HPE plans to further expand the reach of OpsRamp’s offering, she said.
HPE will integrate OpsRamp’s technology with the GreenLake platform. It will be available standalone as a service, and embedded within HPE’s compute, storage and networking solutions.
HPE’s Varma Kunaparaju
Varma Kunaparaju is OpsRamp‘s CEO.
“The integration of OpsRamp’s hybrid digital operations management solution with the HPE GreenLake platform will provide an unmatched offering for organizations seeking to innovate and thrive in a complex, multicloud world,” he said.
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