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Announced

Hewlett Packard Enterprise to acquire OpsRamp.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Acquisition

Private

IT Services: Other

Domestic

IT operations management

Friendly

Single Bidder

United States

Majority

Synopsis

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Hewlett Packard Enterprise, an American multinational information technology company, agreed to acquire OpsRamp, an IT operations management company. Financial terms were not disclosed. “The integration of OpsRamp’s hybrid digital operations management solution with the HPE GreenLake platform will provide an unmatched offering for organizations seeking to innovate and thrive in a complex, multi-cloud world. Partners and the channel will also play a pivotal role to advance their as-a-service offerings, as enterprises look for a unified approach to better manage their operations from the edge to the cloud. We look forward to leveraging the scale and reach of HPE’s global go-to-market engine to deliver our unique offering and are excited for this journey ahead as part of HPE,” Varma Kunaparaju, OpsRamp CEO.

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