tech:

taffy

HP Buys Eucalyptus, Hires Former MySQL CEO

Eucalyptus

HP has inked a definitive agreement to acquire Eucalyptus, a provider of open source software for building private and hybrid enterprise clouds. On closing of the transaction, Eucalyptus CEO Marten Mickos will join HP as senior vice president and general manager of the Cloud business, reporting to chief executive Meg Whitman. In this role, Mr. Mickos will lead the HP Cloud organization in building out the HP Helion portfolio, based on OpenStack technology. Prior to Eucalyptus, Mr. Mickos was CEO of MySQL, which he grew from a garage start-up to the company providing the second most widely used open source software in the world.

Martin Fink, who currently leads HP’s Cloud business, will remain in his roles as chief technology officer of HP and director of HP Labs. Mr. Fink will also continue to lead HP’s Network Functions Virtualization (NFV) business.

HP expects the acquisition to close in the fourth quarter of its fiscal year 2014. Terms of the deal were not disclosed.

[Image courtesy: Eucalyptus]

Just in

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.

Snowflake to acquire TruEra AI observability platform

Snowflake has entered into a definitive agreement to acquire TruEra, providers of an AI observability platform. Financial terms of the transaction were not disclosed.