HPE Buys 200-Person AWS Consulting Workhorse Cloud Technology Partners


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Hewlett Packard Enterprise has purchased Amazon Web Services premier consultancy Cloud Technology Partners to bolster its hybrid IT prowess.

The Palo Alto, Calif.-based vendor said its acquisition of Boston-based CTP will help end users migrate, innovate and operate in the cloud. The 200-employee solution provider has experience leveraging IoT, big data and machine learning to help its customers build new and disruptive cloud solutions.

"Together with CTP, we will provide customers with the ability to move quickly, build new innovative digital experiences, simply manage and forecast IT costs, and ensure the applications running their business stay secure," Ana Pinczuk, senior vice president and general manager of HPE Pointnext, wrote in a blog post.

[RELATED: HPE Global Channel VP Archer On The Pointnext Partner Offensive, Rules Of Engagement, And Tapping Into The $2.1 Trillion Opportunity]

Terms of the deal, which was announced Tuesday, weren't disclosed, and HPE and CTP didn't immediately respond to requests for additional comment. HPE's stock is down $0.16 (1.12%) to $14.15 in pre-market trading.

CTP initially is looking to follow up its August 2016 Series C round of venture capital with a Series D round of funding, according to CEO Chris Greendale. But during those discussions, Greendale said it became clear that HPE stood out from the rest.

"Uniquely, HPE provided us the opportunity to maintain our industry-recognized brand and rapidly scale through new revenue streams, new markets, larger and more diverse enterprise accounts, and additional human capital," Greendale said in a note on the CTP website.

Joining forces with HPE will enable CTP to scale globally, accelerate its road map and become part of a larger, like-minded community, according to HPE CEO Meg Whitman.

"I believe CTP, with your deep IP and expertise, will play a critical role in helping HPE even more effectively execute its strategy and provide the comprehensive technology solutions our joint customers are looking for," Whitman wrote in a letter to CTP employees.

CTP was founded in 2010 and has grown to 200 employees today from just 104 employees two years ago and 154 employees at this time last year, according to LinkedIn. In addition to the AWS relationship, CTP is a Google Premier Consulting Partner and a Microsoft Azure Silver Partner, according to a company overview on its website.

In April, the solution provider launched a managed cloud controls offering for Amazon Web Services, which provides automated and configurable services to AWS customers that continuously monitor cloud spending and adherence to compliance frameworks. CTP is a NextGen AWS managed services provider, and has achieved AWS competency in migration, IoT, security, DevOps and financial services.

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