The acquisition is expected to close within HPE’s first fiscal quarter, ending January 31, 2019.As the volume of data continues to grow exponentially, companies are increasingly investing in the hardware, software, and services needed to gain actionable insights from it. “From our perspective, data is fuel, and BlueData’s software is the engine that helps businesses consume their data and deliver insights in the most effective and efficient way. He has worked in startups, mid-sized companies and global organizations.Opinions expressed by Forbes Contributors are their own. What’s interesting to note is that no price was announced for the acquisition. BlueData General Information Description. We'll assume you're ok with this, but you can opt-out if you wish. PALO ALTO, Calif. – November 27, 2018 Hewlett Packard Enterprise (NYSE: HPE), today announced a definitive agreement to purchase BlueData, a leading provider of software that transforms how enterprises deploy artificial intelligence and big data analytics, expanding HPE's offerings in these rapidly growing markets.The acquisition is expected to close within HPE's … BlueData’s current customers span … Machine learning, analytics and containers are all major focus areas for the company, particularly in the context of better supporting the growing portion of its enterprise customers that are embracing hybrid cloud infrastructure.HPE indicated in today’s announcement that EPIC will be integrated with its Apollo server family. HPE’s acquisition of BlueData is part of our "data-first" vision enabling us to provide easier, faster, and more cost-effective methods of deploying AI/ML, data science, and Big Data Analytics applications on-premises, in the cloud, and across hybrid environments. Factors listed below, as well as other factors, may cause actual results to differ significantly from these forward-looking statements.Major risks, uncertainties, and assumptions include, but are not limited to: the expected benefits and costs of the transaction; management plans relating to the transaction; the expected timing of the completion of the transaction; statements of the plans, strategies, and objectives of Hewlett Packard Enterprise for future operations, including with respect to artificial intelligence and big data analytics; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing; the risk that disruptions from the transaction will harm Hewlett Packard Enterprise business; the effect of economic, competitive, legal, governmental and technological factors, and other factors described under "Risk Factors" in Hewlett Packard Enterprise's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. It is backed by investors including Amplify Partners, Atlantic Bridge, Dell Technologies Capital, Ignition Partners, and Intel Capital. According to BlueData, EPIC can shorten the process to just a few minutes. The startup originally focused exclusively on analytics software such as Hadoop, but recently These kinds of workloads require specialized skills to set up and can take a significant amount of time to deploy at scale due to their complexity. Srivas in 2009. BlueData has raised $39 million from investors and boasts an BlueData sells a platform called EPIC that promises to simplify the deployment of distributed data processing applications. 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BlueData Enables Accelerated Insights from AI and Big Data with as-a-Service Platform, Expanding HPE’s Offerings in Rapidly Growing Markets Palo Alto, Calif. – Hewlett Packard Enterprise (NYSE: HPE), today announced a definitive agreement to purchase BlueData, a leading provider of software that transforms how enterprises deploy artificial intelligence and … The BlueData EPIC™ software platform uses Docker container technology to make it easier, faster, and more cost-effective for enterprises to innovate with AI and Big Data technologies – either on-premises, in the cloud, or in a hybrid architecture. In addition, the stated purpose of working with BlueData, another acquisition focusing on … The series consists of machines specifically designed to run analytics workloads and other data-intensive workloads, or in other words, the application category that BlueData’s software targets. In 2018 there was some major M&A activity in the IT industry, topped by IBM's acquisition of Red Hat for a staggering $33 billion and Broadcom buying CA Technologies for $18.9 billion in cash. “We are pleased to welcome MapR’s world-class team to the HPE family.”MapR has been searching for a buyer for months in the wake of funding difficulties that were As questions swirled over the future of MapR and Hadoop in general, company officials continued to seek a deal to keep the company running.
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