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Home » HPE to acquire OpsRamp for IT operations management

HPE to acquire OpsRamp for IT operations management

March 20, 2023
in Financials
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Hewlett Packard Enterprise agreed to acquire OpsRamp, an IT operations management (ITOM) company based in San Jose, California, that monitors, observes, automates and manages IT infrastructure, cloud resources, workloads and applications for hybrid and multi-cloud environments, including the leading hyperscalers. Financial terms were not disclosed.

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 across hybrid and multi-cloud IT environments. These capabilities span multi-vendor computing, networking, and storage, along with cloud resources, containers, virtual machines, and applications. 

HPE said the OpsRamp capabilities extend the HPE services portfolio – across Advisory, Operational and HPE GreenLake managed services – into delivering end-to-end support for hybrid and multi-cloud IT environments.

“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.”

“The integration of OpsRamp’s hybrid digital operations management solution with the HPE GreenLake platform will provide an unmatched offering for organizations 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.”

Source: HPE
Tags: AIopsHPEMergers and Acquisitions
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