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HP Closes Opsware Buy

PALO ALTO, Calif. -- HP (NYSE:HPQ - News) today announced that it has completed its acquisition of Opsware Inc., the leader in data center automation, which is one of the fastest growing segments in IT operations.

The deal combines Opsware's industry-leading IT automation offerings with HP Software's business and IT service management capabilities to boost HP's Business Technology Optimization portfolio of enterprise IT management software.

BTO is a category of software and services that enable chief information officers to enhance the value and optimize business outcomes from their IT investments.

"With Opsware, we have elevated HP's relevance to CIOs with products and solutions to help them transform and drive the next generation of data centers," said Thomas E. Hogan, senior vice president, Software, HP. "By reducing operational costs and improving efficiencies through IT automation, CIOs can invest in strategic growth initiatives to drive value and competitive advantage for their companies."

Opsware Inc.