HPE to Acquire Morpheus Data, Expanding GreenLake's Hybrid Cloud Capabilities HPE will combine its multi-vendor, multicloud IT data with Morpheus' FinOps capabilities to enable customers to understand their cloud spend, put guardrails around usage and optimise their workloads to lower costs

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Tony Webster via Wikimedia Commons

Hewlett Packard Enterprise (HPE) has announced a definitive agreement to acquire Morpheus Data, a leader in hybrid cloud management software.

This strategic acquisition aims to enhance HPE GreenLake's capabilities, reinforcing HPE's mission to simplify IT complexity for enterprises. "This acquisition is the result of a long-term relationship between HPE and Morpheus Data that has already proven successful with customers. Together we will be able to help more customers transform their multi cloud, multi-vendor IT estates to thrive and innovate in this increasingly complex and fragmented IT landscape," said Brian Wheeler, co-founder and CEO, Morpheus Data.

This acquisition builds on the successful integration of OpsRamp into HPE's portfolio in 2023, positioning HPE as a leader in hybrid cloud management. HPE's Executive VP and CTO, Fidelma Russo, emphasised that this acquisition marks a significant step toward establishing HPE GreenLake as the go-to platform for hybrid IT innovation.

HPE GreenLake will also help enterprises optimise spending across cloud environments through extensive FinOps capabilities. HPE will combine its multi-vendor, multicloud IT data with Morpheus' FinOps capabilities to enable customers to understand their cloud spend, put guardrails around usage and optimise their workloads to lower costs.

The transaction is expected to close early in the fourth quarter of HPE's 2024 fiscal year, with Morpheus Data's solutions being integrated into HPE GreenLake and offered as standalone software. HPE plans to support existing customers and partnerships through this transition, ensuring continued service and innovation.

HPE, a global edge-to-cloud company, continues to push the boundaries of technology, providing solutions that enable organisations to unlock value from their data and drive operational performance across all cloud environments.
Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Most Popular

See all
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

By Eve Gumpel
Business News

Here's the Exact Amount of Money You Need to Be Wealthy, According to a Charles Schwab Survey

Financial service giant Charles Schwab's annual Modern Wealth Survey reveals some eye-popping numbers.

By David James
Leadership

I Fired My Smartest Employee — and It Was the Smartest Thing I Ever Did

I've seen thousands of impressive resumes over the years, but one important lesson I've learned is that intelligence without emotional intelligence can be detrimental to your team and your business.

By Chad Willardson
Starting a Business

As Gen Z Embraces Physical Media, This Entrepreneur Launched a New CD Music Service: 'I'm Packaging All These Orders Nonstop'

Tired of the disconnection he felt when streaming songs and albums, 24-year-old Hunter White created a company that literally puts music back in the hands of passionate music lovers.

By Trevor Gardemal
Starting a Business

'Absolute Freedom': Siblings Behind a Self-Funded 8-Figure Brand Reveal 3 Secrets Aspiring Entrepreneurs Should Know About Growth and Success

Rae and David Liu leveraged their complementary skill sets to start a business that's been profitable every year since launch.

By Amanda Breen
Starting a Business

How I Turned My Hobbies Into Profitable Side Businesses With My Friends — Without Losing the Joy

From outdoor adventures to online courses and local business partnerships, see how combining passion with connection makes work feel more like play.

By Georgi Todorov