News & Insights
Blumberg Capital portfolio news, startup growth resources and industry insights
Home > News & Insights >
HPE Acquires Pachyderm to Strengthen Its AI Development Offerings
Jan 12, 2023
Hewlett Packard Enterprise, the company better known as HPE, announced today that it acquired Pachyderm, a startup developing a data science platform for “explainable, repeatable” AI. The terms of the deal weren’t disclosed nor was the purchase price. But HPE said that it plans to integrate Pachyderm’s capabilities into a platform that’ll deliver a pipeline for automatically preparing, tracking and managing machine learning processes.
Pachyderm’s software will remain available to current and new customers — for now, at least. HPE says that the transaction isn’t subject to any regulatory approvals and will likely close this month.
Related Articles