HPE to acquire OpsRamp


Wednesday, 22 March, 2023

HPE to acquire OpsRamp

Hewlett Packard Enterprise (HPE) will offer a unified approach to manage multi-vendor computing, networking, storage and application resources in hybrid and multi-cloud environments, through its acquisition of IT ops management (ITOM) company OpsRamp.

The company has entered a definitive agreement to acquire OpsRamp, with the intention of integrating the solution with its own HPE GreenLake edge-to-cloud platform and supporting it with HPE services. The move is designed to reduce the operational complexity of multi-vendor and multi-cloud environments that are in the public cloud, colocations and on-premises.

OpsRamp’s technology — which delivers discovery, monitoring, automation and event resolution with artificial intelligence for IT operations (AIOps) — provides end-to-end visibility, observability and control.

“Customers today are managing several different cloud environments, with different IT operational models and tools, which dramatically increases the cost and complexity of digital operations management,” said Fidelma Russo, Chief Technology Officer of Hewlett Packard Enterprise.

“The combination of OpsRamp and HPE will remove these barriers by providing customers with an integrated edge-to-cloud platform that can more effectively manage and transform multi-vendor and multi-cloud IT estates. This acquisition advances HPE hybrid cloud leadership and expands the reach of the HPE GreenLake platform into IT operations management.”

Headquartered in San Jose, California, OpsRamp was part of Hewlett Packard Pathfinder’s venture capital investment in 2020.

“The integration of OpsRamp’s hybrid digital operations management solution with the HPE GreenLake platform will provide an unmatched offering for organisations seeking to innovate and thrive in a complex, multi-cloud world. Partners and the channel will also play a pivotal role to advance their as-a-service offerings, as enterprises look for a unified approach to better manage their operations from the edge to the cloud,” said Varma Kunaparaju, CEO of OpsRamp.

“We look forward to leveraging the scale and reach of HPE’s global go-to-market engine to deliver our unique offering and are excited for this journey ahead as part of HPE.”

Image credit: iStock.com/Parradee Kietsirikul

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