CTP, founded in 2010, helps enterprises migrate their workloads to public and private clouds. It’s cloud agnostic and works across multiple platforms including Amazon Web Services (AWS), Microsoft Azure, Google, and OpenStack.
The company also offers managed cloud services. This includes regulatory compliance and automating the reconciliation of actual cloud spend back to the projected savings.
Under the acquisition, CTP will become part of HPE’s Pointnext business unit, which provides IT services to enterprises.
“Together with CTP, we will provide customers with the ability to more quickly build new innovative digital experiences, simply manage and forecast IT costs, and ensure the applications running their business stay secure,” Pinczuk wrote.
HPE has acquired a handful of companies over the past year. This includes hyperconverged infrastructure player Simplivity for $650 million in cash, as well as analytics firm Cloud Cruiser and security startup Niara, both for undisclosed sums. HPE announced in March that it is buying the flash-storage company Nimble Storage for $1 billion.
Just last week HPE completed an $8.8 billion deal to spin off its non-core software business to Micro Focus.