Yes, you read that right, HPE is also the subject of rumors of a private equity buyout. In this case, Reuters reports that several firms, including Apollo Global Management, which is also said to be looking at Rackspace, are looking at buying either all of HPE, or just its software businesses such as Autonomy.
The company announced August 1 that it will be reorganizing (again), this time moving the HP Helion OpenStack product under the Enterprise Group, as part of the Software-Defined & Cloud Group (SDCG), led by Ric Lewis. As part of this restructuring, senior vice president and general manager of HP Cloud Bill Hilf will be leaving the company “to pursue other opportunities”.
According to a classy farewell email reprinted in GeekWire, Hilf said ““Like many other companies, there comes a time where you naturally mainstream specific technologies into the broader product strategies, and now is the right time to integrate our Helion software assets more deeply into HPE SW and EG. In 2016, Cloud is now part of every product strategy at HPE, so this makes good sense to integrate, versus maintain a stand-alone division.
“For me personally, when I joined, I made a commitment to build the cloud business here at HP for three years, and I’m now 3 years and one month in, and we have had very strong growth – just this past June HPE Helion was recognized as a leader in the private cloud market for the third year in a row. So this is the right time for me to help move the technologies and teams more deeply into the company, and to pursue new opportunities.”
Meanwhile, in other news, HP has bought big data analytics firm SGI for $275 million to shore up its position in high performance computing (HPC) and data analytics. According to SDN Central, “HPE says the SGI acquisition helps it expand its presence in key verticals such as government, research, and life sciences.”
- HPE cloud boss Bill Hilf departs the company
- Private equity firms eye HPE’s software business for acquisition
- Hewlett Packard Enterprise shakes up its cloud business, cloud leader Bill Hilf leaving company
- HPE loses its cloud and storage heads: No Goel, Vrij packs up, Fink runs
- Silicon Graphics (SGI) Stock Up After-Hours on HP Enterprise Deal
- HPE Buys Big Data Analytics Company SGI for $275M