HP Acquires Eucalyptus--Positive Deal or else Bizarre Fire selling?
Shock news this morning with the revelation with the aim of HP is acquiring Eucalyptus, the vendor with the laptop battery aim of has blazed a trail with its Amazon net Services-compliant concealed cloud solution. Eucalptus gained large attention recently whilst its first in command, Marten Mickos announced with the aim of he was suddenly in love with with the OpenStack – this despite expenditure years illuminating the humankind with the aim of OpenStack was a unsuccessful project. His seeming about-face at this point starts to be a little sagacity. HP has, considering all, invested truly featuring in building available OpenStack cloud. Neither company is commenting on the worth but sources propose it is a smaller amount than $100 million. Eucalyptus has raised a little $55 million.
This is the opening large deal with the aim of HP has ready since it’s cataclysmically poor self-sufficiency acquisition, the tremors of which are still being played available featuring in date. Unfortunately it doesn’t seem like a proficient re-start on behalf of the company and willpower perform trifling to do shareholders confidence with the aim of HP is a company with the aim of knows come again? It is liability.
The Eucalyptus Perspective
It’s unkind to not give it some thought this deal in the same way as a fire selling. Many industry insiders had prolonged assumed with the aim of Eucalyptus was running available of money and failing to give it some thought massive traction – it was up beside a formidible foe featuring in the form of the OpenStack ecosystem and, despite the colossal credibility with the aim of first in command Mickos brought, near is solitary so much single person can perform beside broader industry trends.
A junior $100 million deal on $55 million of funding is a smaller amount than a 2* return – while investors noticeably didn’t lose their money, this is by rebuff wealth a laptop battery doing well exit and again points to added of an “acqui-hire” than a deal of real substance.
The HP Perspective
Someplace to start on this single? Solitary a only some months before HP re-launched its cloud offering under the code middle name Helion. Helion was, on behalf of all intents and purposes, purely a lick of paint on the existing OpenStack-based artifact which was getting token traction. I was pretty unconcerned by the side of the age. In the same way as I wrote:
HP already has an OpenStack free cloud offering. I know for the reason that I keep getting billing emails (with a nought balance I ought to add) on a monthly basis. To be present direct I’ve in no way heard of a person in point of fact using the platform, it seems very much a departed duck. And this revelation solitary seems to reiterate the status quo
So to a certain extent than focusing on its opening cloud offering and executing the opportunity near, or else perhaps pivoting into Helion and pushing with the aim of platform, HP maintain ready yet an extra about-face and maintain acquired Eucalyptus. The idea with the aim of this is creating a Frankenstein-like monster certainly springs to mind.
Single needs solitary to look by the side of the employee changes featuring in the HP cloud division. It’s highest executive, Biri Singh, gone carry on time. Martin Fink has been laptop battery running the commerce since after that and at this point Mickos willpower take completed – he’ll apparently be present coverage immediately to first in command Meg Whitman but whether no matter which can be present achieved prearranged Whitman’s broad range of issues to focus on is anyone’s conjecture.
