• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechHewlett Packard Enterprise

HPE Shopping Spree Continues With Purchase of This Cloud Specialist

Barb Darrow
By
Barb Darrow
Barb Darrow
Down Arrow Button Icon
Barb Darrow
By
Barb Darrow
Barb Darrow
Down Arrow Button Icon
September 5, 2017, 8:51 AM ET

Hewlett-Packard Enterprise said Tuesday that it will acquire Cloud Technology Partners, a Boston-based company that helps business customers plan and build cloud computing capabilities.

Terms of the deal were not disclosed.

Seven-year-old CTP works with businesses to determine which cloud technology—be it from Microsoft, Amazon Web Services, Google, or the non-vendor aligned OpenStack—is best for the customer’s needs. It then helps corporate customers plan out how they will run their information technology on that cloud (or clouds, if spread out across multiple vendors).

CTP boasts of customers including agricultural cooperative Land O’Lakes and Avid Technology (AVID), a specialist in multi-media software tools.

HPE (HPE) disclosed the news Tuesday in a blog post by Ana Pinczuk, senior vice president of the company’s PointNext unit. CTP will become part of PointNext, which provides IT deployment consulting and deployment services.

This is HPE’s fifth technology acquisition this year. In January, it snapped up data center hardware company Simplivity for $650 million. In March, it purchased Nimble Storage for $1.09 billion. Terms for the other two acquisitions—cloud analytics specialist Cloud Cruiser in January and security analytics player Niara the following month—were not disclosed.

Get Data Sheet, Fortune’s daily technology newsletter.

CTP has raised about $34 million from investors including Oak Investment Partners and Pritzker Group Venture Capital.

Since pre-split Hewlett-Packard downgraded its own ambition to compete with Amazon (AMZN) and Microsoft (MSFT) in public cloud a few years back, it has focused more on helping customers pick the cloud solutions best for them and to help them run them

In her post, Pinczuk wrote that CTP’s consulting, design, and advisory services will bolster HPE’s own “hybrid IT” consulting expertise. HPE’s take is that most companies will continue to run some of their information technology in their own server rooms and other workloads in one or more public clouds. It offers services to make those deployment options easier.

Related: Bye, Bye, HP—It’s the End of an Era

“More and more, customers are seeking a trusted advisor who knows where the market is going, and can shape their long-term roadmap and provide the solutions that will allow them to keep pace in this digital world,” she wrote.

When the deal, expected to close this month, is complete, CTP’s 200 or so employees will move over to HPE bringing total headcount there to about 52,000.

About the Author
Barb Darrow
By Barb Darrow
See full bioRight Arrow Button Icon

Latest in Tech

robots
InnovationRobots
‘The question is really just how long it will take’: Over 2,000 gather at Humanoids Summit to meet the robots who may take their jobs someday
By Matt O'Brien and The Associated PressDecember 12, 2025
2 hours ago
Man about to go into police vehicle
CryptoCryptocurrency
Judge tells notorious crypto scammer ‘you have been bitten by the crypto bug’ in handing down 15 year sentence 
By Carlos GarciaDecember 12, 2025
3 hours ago
three men in suits, one gesturing
AIBrainstorm AI
The fastest athletes in the world can botch a baton pass if trust isn’t there—and the same is true of AI, Blackbaud exec says
By Amanda GerutDecember 12, 2025
3 hours ago
Brainstorm AI panel
AIBrainstorm AI
Creative workers won’t be replaced by AI—but their roles will change to become ‘directors’ managing AI agents, executives say
By Beatrice NolanDecember 12, 2025
3 hours ago
Fei-Fei Li, the "Godmother of AI," says she values AI skills more than college degrees when hiring software engineers for her tech startup.
AITech
‘Godmother of AI’ says degrees are less important in hiring than ‘how quickly can you superpower yourself’ with new tools
By Nino PaoliDecember 12, 2025
5 hours ago
C-SuiteFortune 500 Power Moves
Fortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsDecember 12, 2025
6 hours ago

Most Popular

placeholder alt text
Economy
Tariffs are taxes and they were used to finance the federal government until the 1913 income tax. A top economist breaks it down
By Kent JonesDecember 12, 2025
11 hours ago
placeholder alt text
Success
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeDecember 10, 2025
3 days ago
placeholder alt text
Success
Palantir cofounder calls elite college undergrads a ‘loser generation’ as data reveals rise in students seeking support for disabilities, like ADHD
By Preston ForeDecember 11, 2025
1 day ago
placeholder alt text
Investing
Baby boomers have now 'gobbled up' nearly one-third of America's wealth share, and they're leaving Gen Z and millennials behind
By Sasha RogelbergDecember 8, 2025
4 days ago
placeholder alt text
Arts & Entertainment
'We're not just going to want to be fed AI slop for 16 hours a day': Analyst sees Disney/OpenAI deal as a dividing line in entertainment history
By Nick LichtenbergDecember 11, 2025
24 hours ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
16 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.