HPE Acquires Cloud Technology Partners to Drive Hybrid Cloud
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Hewlett Packard Enterprise (HPE) has reached an agreement to acquire cloud consultancy Cloud Technology Partners (CTP) to grow the capabilities of its hybrid IT service HPE Pointnext, the companies announced today.
Boston-based CTP, which was founded in 2010, launched AWS environment migration and management solution Cloud KickStart in 2017 to help enterprises get workloads into public cloud environments. It also offers the Managed Cloud Controls suite to enable compliance and cost management of multi-cloud environments. Adding CTP’s capabilities expands HPE’s ability to help enterprise clients move to the cloud, according to the announcement.
In a letter to CTP employees, HPE CEO Meg Whitman said the three core pillars of the companies’ strategy are simplifying hybrid IT through software-defined infrastructure, powering the “intelligent edge” to run campus, branch, and IoT applications, and providing expertise and flexible consumption models for transforming IT environments.
“I believe CTP, with your deep IP and expertise, will play a critical role in helping HPE even more effectively execute its strategy and provide the comprehensive technology solutions our joint customers are looking for,” Whitman wrote. “Joining forces with HPE will give CTP the ability to scale globally, accelerate your roadmap and become part of a larger like-minded community.”
HPE Pointnext SVP and GM Ana Pinczuk said in a blog post that spending on hybrid IT consulting and cloud native development is approximately $6 billion, and growing at over 18 percent.
The terms of the deal were not disclosed.
HPE and VMware announced a hybrid cloud partnership last week, in one of several announcements from VMworld about VMware’s expanding focus on hybrid, as large tech companies left outside the public cloud market seek opportunity in hybrid and cloud management.