

HP Enterprise is acquiring Cloud Technology Partners (CTP), a consulting company that helps Fortune 500 customers migrate workloads to Amazon Web Services, Microsoft Azure, Google Cloud Platform and OpenStack. Financial terms were not disclosed.
"Over the course of the past six months, CTP’s leadership team explored various funding routes, each with its own benefits. Our initial intent was to raise a “D” round of funding. During these discussions, it became clear that one party stood out from the rest.
Today I am thrilled to announce that Hewlett Packard Enterprise (HPE) has completed a definitive agreement to acquire Cloud Technology Partners."
CTP: Familiar Acronym and Executives
CTP’s executive leadership team includes some familiar names. Indeed, the current Cloud Technology Partners company includes many of the leaders from the former Cambridge Technology Partners — an IT consulting firm that was prominent in the 1990s.CTP's former owners and investors include Rackspace, which pumped money into the consulting firm in 2016. At the time, Rackspace said it would work with CTP to promote AWS-oriented:- Cloud strategy and economics
- Security and governance
- Application portfolio assessment
- Application modernization, migration and development
- DevOps and automation
- Ongoing cloud operations and managed services