HP to Acquire OuterBay, Expands Ability to Manage Database Environments
February 8th, 2006 Leave a comment Visited 16 times, 1 so far today
HP to Acquire OuterBay, Expands Ability to Manage Database Environments
HP has signed a definitive agreement to acquire OuterBayâ„¢, a leading provider of archiving software for enterprise applications and databases. Together with HP’s recent purchases of AppIQ and Peregrine Systems, today’s acquisition is part of HP’s overall strategy to bolster its server, storage and software offerings and enable customers to quickly adapt to changing business needs and exploding information growth.
With OuterBay’s technology, HP can help organizations to more effectively manage database growth and improve database performance by up to 80 percent – a critical capability in today’s business environment where database information is in constant use. The technology additionally will enable HP to expand its solutions for customers deploying Oracle, SQLServer, and Sybase databases as well as major enterprise applications such as Oracle E-Business Suite, SAP and PeopleSoft.
“OuterBay builds on HP’s enterprise portfolio to help companies get more from their mission-critical database environments,” said Bob Schultz, senior vice president and general manager, StorageWorks division, HP. “Sixty percent of our HP Integrity server customers are running Oracle applications and databases today, making this a key capability for our existing customers.”
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