Hewlett Packard Enterprise (HPE) has announced it is acquiring big data analytics provider BlueData in a bid to bolster its AI and machine learning offering.
The deal, the value of which has not been revealed, is expected to close by the end of January.
HPE claims that by incorporating the acquisition’s software into its storage infrastructure, it will be able to make it easier and cheaper for its customers to roll out machine learning and data analytics systems.
BlueData was founded in 2012, has raised $39m in funding to date, and boasts Intel and Dell as two of its investors. It specialises in docker container technology and lists Citi, GSK and Nasdaq as clients.
Milan Shetti, head of HPE’s storage unit, said: “Adding BlueData’s complementary software platform to HPE’s market-leading Apollo Systems and professional services is consistent with HPE’s data-first strategy and enables our customers to extract insights from data – whether on-premises, in the cloud, or in a hybrid architecture.”
In a blogpost, Kumar Sreekanti, the co-founder and CEO of BlueData, described the acquisition as a “huge milestone for the company”. “In the past few year […] enterprise priorities have evolved from big data deployments (with data frameworks like Hadoop, Spark, and Kafka) to more AI-focused initiatives (with a wide range of machine learning, deep learning, and data science tools).
“At the same time, hybrid IT and multi-cloud strategies have become the norm. And containers are no longer new in the enterprise; now containers are the standard, and technologies like Kubernetes have established a rapidly maturing open source container ecosystem.”