Hewlett Packard Enterprise Co. on Thursday said it has agreed to acquire Morpheus Data, a leader in software for hybrid cloud management and platform operations, for an undisclosed amount.
In snapping up Morpheus Data, HPE intends to simplify IT complexity by expanding hybrid operations capabilities available through its HPE GreenLake cloud. Offering unified hybrid capabilities on GreenLake will make it easier for enterprises to manage heterogenous, complex IT estates.
Ultimately, the deal is part of the company’s plan to evolve HPE GreenLake into a future-proof platform for managing virtualized, cloud-native and AI workloads.
“The complexity of today’s fragmented IT environments drives up costs and stifles innovation. Enterprises urgently need a unified platform to simplify IT complexity and accelerate innovation, regardless of whether they use public or private cloud infrastructure,” Fidelma Russo, executive vice president and general manager, hybrid cloud and chief technology officer at HPE, said in a statement.
The acquisition of Morpheus Data, she said, will “take the next major leap to make HPE GreenLake cloud the de facto platform for innovating across hybrid IT.”
The addition of Morpheus Data provides HPE GreenLake with multi-vendor, multicloud application provisioning, orchestration and automation, as well as FinOps capabilities for cloud cost optimization.
HPE said it will combine its multi-vendor, multicloud IT data with Morpheus’ FinOps capabilities so customers better navigate their cloud spending, put guardrails around usage, and optimize workloads to lower costs.
“This acquisition is the result of a long-term relationship between HPE and Morpheus Data that has already proven successful with customers. Together we will be able to help more customers transform their multicloud, multi-vendor IT estates to thrive and innovate in this increasingly complex and fragmented IT landscape,” Morpheus Data Chief Executive Brian Wheeler said in a statement.
The Morpheus purchase builds off of HPE’s acquisition of OpsRamp, an IT operations management company, last year. Taken together, the deals establishes HPE as the first vendor to offer a full suite of enterprise-grade capabilities and services across the hybrid cloud stack, according to HPE.
The Morpheus Data deal is expected to close early in HPE’s fiscal fourth quarter.
HPE shares jumped 5.5% in regular trading Thursday, to close at $18.76 a share.
