IT Company HPE Acquires Cloud Migration Company Cloud Technology Partners

September 10, 2017
IT Company HPE Acquires Cloud Migration Company Cloud Technology Partners
IT company Hewlett Packard Enterprise (HPE) has acquired cloud migration company Cloud Technology Partners (CTP). With headquarters in Palo Alto, California, United States, HPE was formed in 2015 when the former Hewlett-Packard split into different companies. HPE provides a range of services including products and solutions for IT, technology and enterprises. HPE has now made five technology acquisitions this year, the others include Simplivity, Nimble Storage, Cloud Cruiser and Niara. Financial aspects of Cloud Technology Partners acquisition have not been released.

CTP provides a range of services for companies moving to cloud platforms such as AWS, Google, and Microsoft. The company’s services range from Internet of Things ( IoT), ‘Big Data’ and machine learning. It is also involved in enabling its customers to “achieve governance, risk and regulatory compliance”. CTP also takes full charge of its customers’ cloud migration and establishes which apps they should use to leverage public and private clouds.

"Businesses today live in a Hybrid IT world,” explained a HPE press release. “Achieving business outcomes requires putting each workload in the appropriate environment, whether it’s in an on-premises data center, in a private cloud, on public clouds or offered as a SaaS application. And, this environment is different for every organization, dynamically changing with their business needs and workload requirements. We believe most enterprises will operate in this Hybrid IT environment for the foreseeable future."

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