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Hewlett Packard Enterprise acquires business assets of MapR.

Global Banking News-August 6, 2019-Hewlett Packard Enterprise acquires business assets of MapR

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Global technology company Hewlett Packard Enterprise (HPE) (NYSE: HPE) announced on Monday the acquisition of the business assets of MapR, a leading data platform for artificial intelligence and analytics applications powered by scale-out, multi-cloud and multi-protocol file system technology.

Financial details of this acquisition were not avialble.

This transaction includes MapR's technology, intellectual property and domain expertise in artificial intelligence and machine learning (AI/ML), as well as analytics data management.

HPE plans to MapR's support existing deployments along with ongoing renewals.

According to the company, this asset acquisition accelerates HPE's Intelligent Data Platform capabilities and helps customers optimise workload solutions for mission-critical big-data workflows, whether they are cloud-native or on-premises.

Hewlett Packard Enterprise is focused on developing intelligent solutions that allow customers to capture, analyse and act upon data seamlessly from edge to cloud.

((Distributed via M2 Communications - http://www.m2.com))

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Publication:Global Banking News (GBN)
Date:Aug 6, 2019
Words:163
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