HP Acquires Eucalyptus
HP announced on September 11, 2014 that they had entered into an agreement to acquire Eucalyptus. Eucalyptus is a vendor of private IaaS services. Eucalyptus is a startup with fewer than 100 employees and around $55 million in venture funding. Eucalyptus doesn’t have an application development and deployment (AD&D) play but could certainly provide the foundation for a private PaaS. HP, despite their unusual acquisition of Mercury Interactive back in 2006, is otherwise not in the AD&D business. However, Eucalyptus does put HP a partnership or acquisition away from PaaS, so let’s look at the potential motivation of the deal.
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