HP (NYSE: HPQ) has announced a definitive agreement to acquire ActiveState Software’s Stackato business, an “enterprise-ready” Platform as a Service (PaaS) solution with Cloud Foundry at its core. ActiveState is a global provider of open source software application development and management solutions. Financial terms of the transaction were not disclosed.
Stackato’s open technology built on Cloud Foundry PaaS would give HP a more complete cloud offering. By providing developers a single cloud application platform with enterprise-level security and world-class support, Stackato would enhance the HP Helion Development Platform by enabling customers to bring applications to market faster by reducing the amount of time spent on IT configuration.
After the transaction closes – expected in the fourth quarter of HP’s fiscal year 2015, subject to customary closing conditions – ActiveState’s Stackato business will become part of HP Cloud.
“The Stackato PaaS solution strengthens the HP Helion portfolio and reinforces HP’s commitment to delivering customers open source solutions that help accelerate their transition to hybrid clouds,” said Bill Hilf, Senior Vice President, Product and Service Management, HP Cloud. “The acquisition reinforces HP’s focus on driving Cloud Foundry as the open standard cloud native application platform.”
More than two million developers and 97 percent of Fortune 1000 companies use ActiveState’s solutions to develop, distribute, and manage their software applications written in Java, Perl, Python, Node.js, PHP, Tcl and other dynamic languages. Global customers like Cisco, CA, HP, Bank of America, Siemens and Lockheed Martin would trust ActiveState to save time, save money, minimize risk, ensure compliance and reduce time to market.