Acquisition aimed at helping to reduce the amount of risk involved in investing too much or too little into their IT.
Hewlett Packard Enterprise is opening its wallet again to acquire what it hope will be a boost to its Flexible Capacity offering.
The acquisition of Cloud Cruiser, a provider of cloud consumption analytics software that helps customers to manage and optimise their public, private, and hybrid cloud usage and spend, comes as HPE looks to further differentiate and strengthen this area of its business.
The Flexible Capacity area of HPE’s Technology Services portfolio offers customers on-premises physical IT infrastructure at the cost of cloud services, while Cloud Cruiser lets users manage IT infrastructure in their own datacentres and pay for it as a service.
What this means for businesses is that it can help to reduce the amount of risk involved in investing too much or too little into their IT. So the combination will help to remove the chance of their being any unused capacity, while also freeing up IT resources.
HPE said in a release announcing the acquisition: “A critical piece of HPE Flexible Capacity is measurement – the ability to accurately meter and bill for customers’ consumption of IT– that differentiates Flexible Capacity from other offers. Cloud Cruiser’s consumption analytics offerings enable enterprises such as Accenture, KPN, and TD Bank to measure, analyze, optimize and control their usage and spend in private, public and hybrid cloud environments.”
Cloud Cruiser, which was founded in 2010, is already a part of HPE’s Flexible Capacity business as it currently licenses Cloud Cruiser’s solutions in the offering.
This acquisition marks the second investment HPE has made this year as it looks to bolster some of its core areas of technology focus following a series of sales. Earlier this month HPE took the decision to acquire SimpliVity, a hyperconverged unicorn for $650 million.
Financial terms of the Cloud Cruiser acquisition have not been disclosed.