Hewlett-Packard plans to buy Eucalyptus,a provider of open source software for building private and hybrid enterprise clouds.
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.
Eucalyptus chief executive officer Marten Mickos, a proponent of open-sourced software, will join HP as senior vice president and head of its cloud business.
HP expects the acquisition to close in the fourth quarter of its fiscal year 2014.Financial terms weren’t disclosed.
Hewlett-Packard Company or HP is an American multinational information technology corporation headquartered in Palo Alto, California, United States.
Eucalyptus is a free and open-source computer software for building Amazon Web Services (AWS)-compatible private and hybrid cloud computing environments marketed by the company Eucalyptus Systems.
