Hewlett Packard Enterprise (HPE) announced the acquisition of the business assets of MapR, a data platform for artificial intelligence and analytics applications.
HPE will buy MapR’s technology, intellectual property, and domain expertise in artificial intelligence and machine learning (AI/ML) and analytics data management. HPE did not reveal the financial details.
CapitalG, Lightspeed Venture Partners, Mayfield, New Enterprise Associates (NEA), Qualcomm Ventures and Redpoint are the investors of MapR.
John Schroeder, who founded MapR in 2009, is the CEO and chairman of the Board.
Audi, Cisco, Comscore, Credit Agricole, Criteo, Ericsson, HP, Eastern Bank, Novartis, SAP, Societe Generale, Xactly, OutBrain, Paysafe, among others, are some of the customers of MapR.
MapR’s file system technology enables HPE to offer a complete portfolio of products to drive artificial intelligence and analytics applications and strengthens its ability to help customers manage their data assets end to end, from edge to cloud.
This asset acquisition accelerates HPE’s Intelligent Data Platform capabilities and helps customers optimize workload solutions for mission-critical big-data workflows.
Phil Davis, president, Hybrid IT, Hewlett Packard Enterprise, said: “MapR’s enterprise-grade file system and cloud-native storage services complement HPE’s BlueData container platform strategy and will allow us to provide a unique value proposition for customers.”
Enterprises across industries such as financial services, manufacturing, and consumer technology, use the MapR Data Platform to power their digital transformation initiatives.