March 15, 2011

As HP Targets the Cloud, Open Source Players Could Be Acquisition Targets

Among major Silicon Valley technology companies, Hewlett-Packard is going through a period of enormous strategic shifts. The company has a relatively new CEO, Leo Apotheker, who laid out HP's corporate strategy this week, and made clear that the company won't rely on legacy software and strategies going forward. Instead, HP is staking its future--as Microsoft and other tech giants are--on cloud computing. At HP's summit for analysts and journalists, Apotheker made clear that he will focus the company on the cloud and on analytics, which adds fuel to recent conjencture that HP may have increasing relationships with players focused on open source in the cloud, possibly including acquisitions of open source cloud players.

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