HP is set to acquire Eucalyptus, a provider of open source software for building private and hybrid enterprise clouds, to strengthen its Cloud business.
After the completion of the transaction, Eucalyptus CEO Marten Mickos will join HP as senior vice president and general manager of the Cloud business, reporting to HP CEO Meg Whitman.
On Thursday, there were rumours that HP will be looking at acquiring VMware from EMC.
HP did not share financial details for acquiring Eucalyptus.
Mickos will lead HP Cloud organization in building out the HP Helion portfolio, based on OpenStack technology.
Prior to Eucalyptus, Mickos was CEO of MySQL, the second most widely used open source software in the world.
The addition of Marten to HP’s Cloud leadership team will strengthen and accelerate its Cloud strategy.
Martin Fink, who currently leads HP’s Cloud business, will remain in his roles as chief technology officer of HP and director of HP Labs, where he will focus on innovation and creating groundbreaking solutions like The Machine. Fink will also continue to lead HP’s Network Functions Virtualization (NFV) business.
Since introducing HP Helion in May, HP grew share in private cloud and was ranked as the leader in the Forrester Wave report for Private Cloud Solutions.