Monday, September 15, 2014

HP Buys Eucalyptus, An Open Source Cloud Startup

Hewlett-Packard is on fire, IT giant Hewlett-Packard on Thursday announced a deal to buy Eucalyptus Systemsan early cloud-software startup. HP did not disclose financial terms of the acquisition, which is aimed at building up the company's ability to help firms build computing homes in the cloud.

Image Credit: ZDNet
As part of the deal, Eucalyptus CEO Marten Mickos will join Hewlett-Packard as a senior vice president, he takes over as general manager of HP's cloud computing business, replacing Martin Fink. Marten Mickos now leads the company's OpenStack private-public cloud effort, he will report directly to HP CEO Meg Whitman. Mickos is a big name in the open source community, he founded a startup called MySQL, and built it into a business powerhouse that sold to hardware specialist Sun Microsystems for $1 billion in 2008, both Sun and MySQL are now part software company Oracle.

Eucalyptus is widely known in the cloud space as being an open source offering that gives private cloud companies the tools they need that work seamlessly with Amazon's cloud service. It sell software for building private cloud that fit seamlessly with Amazon Web Service's API (application programming interface), which means that customers can easily move data (back and forth) between their data centers and Amazon cloud. It helps organizations and companies pool together their resources such as compute, network and storage which in turn gives end users the ability to tap on-demand resources with hybrid and private clouds. 

Founded in 2007, based in Goleta, Ca., it raised $55 million in funding from venture capital. Investors include benchmark capital, BV Capital, Institutional Venture Partners, and New Enterprise Associates.

Eucalyptus claims couple of big customers on board- Handset giant Nokia and IT company Fsecure. Before HP acquisition, Eucalyptus was awarded over $55 million in funding from venture capital, although the exact figures have not been revealed, many speculate that acquisition that's its was a 9 figure deal.

Introducing A Great Place To Find A Job

The marketplace where tech companies compete to hire you. Meet 5 to 15 top companies in one week with salary info upfront. You’re in demand. Shouldn’t companies you love come to you with offers upfront? We think so. That’s why Hired is changing the way you find your next job with a faster, more transparent job search process built specifically for Python Programmers, RoR Developers, Java Programmers, Software Engineers, Big Data Scientists, Data Scientists, DevOps, UI/UX Designers, Product Managers, and Web Developers.

Hired is the first two-sided marketplace created specifically for Engineers, Data Scientists, Designers and Product Managers who are overwhelmed with job opportunities.

We believe recruiting should be transparent, unbiased, and that the talent should be in control. Our one week “auctions” provide upfront offers from vetted and funded companies, dedicated talent advocates, and a $2,000 signing bonus.

Our mission is to make hiring, or getting hired, less painful. A Whole New Recruiting Model.


Learn More: GET HIRED!
What is managed cloud? Managed cloud lets you tap the power of the cloud for your strategic business goals without the frustration, cost, and time of managing it yourself.

Learn more about Managed Cloud and Rackspace the #1 managed cloud company
 —empowering you to move beyond the limitations of do-it-yourself cloud with the support of thousands of expert engineers. 

VMware: Virtualizing the Entire Data Center

Virtualizing the Entire Data Center by: VMware, The World's Leader in Virtualization and Cloud Infrastructure

VMware vSphere Essentials delivers the industry-leading virtualization platform for small businesses at an affordable price. Small businesses can virtualize their physical servers and centrally manage these servers, reducing hardware costs and increasing operating efficiency with a low upfront investment.
Provides cost-effective server consolidation and management for small offices

Learn more about the VMware vSphere Essentials