HPE acquires cloud management company Morpheus Data in latest GreenLake push
Hewlett Packard Enterprise (HPE) has announced the acquisition of cloud management platform provider Morpheus Data to strengthen its GreenLake cloud service.
No financial details of the deal were disclosed, but the move underscores the company’s ambition to increase its dominance in the hybrid cloud market.
“With the acquisition of Morpheus Data, we are taking the next major step in making HPE GreenLake Cloud the de facto platform for innovation in hybrid IT,” said Fidelma Russo, CTO of HPE.
HPE Acquires Morpheus Data
It is not the first time that the two companies have come together. Morpheus Data, known for its cloud management platform, specializes in multi-cloud environments and supports virtualization technologies such as Azure Stack Hub and VMware ESXi. Since 2022, the company has been an integral part of HPE’s GreenLake service.
Morpheus also partners with Dell, Lenovo and Amazon Web Services, offering CMP solutions for their hybrid and private cloud services. HPE confirmed that these existing partnerships will continue.
By combining HPE’s solutions in FinOps, self-service provisioning and application lifecycle management with Morpheus’ tools and experience, HPE hopes to strengthen its position and capture a larger share of the market.
A spokesperson for the company (via The register), the acquisition will accelerate GreenLake’s cloud roadmap by enhancing private cloud capabilities and simplifying cloud spend optimization. The addition of Morpheus’ nearly 100 codeless hybrid cloud integrations is expected to simplify application provisioning and hybrid cloud management.
Details of the deal are limited, but HPE hopes to close the acquisition by the end of the fourth quarter, which ends in October 2024. HPE attributes steady quarterly growth to cloud and AI. During the second quarter earnings release, HPE CFO Marie Myers noted, “The long-term trends in hybrid cloud and networking also position us well for the future.”