On Tuesday, computer giant Hewlett-Packard (HP) said that it plans to acquire software maker OuterBay Technologies, CNET News.com reports.The move is meant to boost HP’s storage offering.Cupertino, Calif.-based OuterBay is a developer of archiving software for corporate applications and databases.The acquisition is HP’s latest step towards increased market presence in the server, software and storage space, coming on the heels of its AppIQ and Peregrine Systems deals, both announced last September, CNET reports. The company will employ OuterBay’s technology to reach out to customers who are currently using Oracle, SQLServer and Sybase databases.“Sixty percent of our HP Integrity server customers are running Oracle applications and databases today, making this a key capability for our existing customers,” said Bob Schultz, general manager of HP’s StorageWorks division. HP recently received an IT outsourcing contract from GM. For more on the IT outsourcing deal, read GM Will Outsource $15B in IT Work.Check out our CIO News Alerts page for updated news coverage. Related content brandpost Sponsored by Azul How to maximize ROI by choosing the right Java partner for your organization Choosing the right Java provider is a critical decision that can have a significant impact on your organization’s success. By asking the right questions and considering the total cost of ownership, you can ensure that you choose the best Java p By Scott Sellers Dec 04, 2023 5 mins Application Management brandpost Sponsored by DataStax Ask yourself: How can genAI put your content to work? Generative AI applications can readily be built against the documents, emails, meeting transcripts, and other content that knowledge workers produce as a matter of course. By Bryan Kirschner Dec 04, 2023 5 mins Machine Learning Artificial Intelligence feature The CIO’s new role: Orchestrator-in-chief CIOs have unique insight into everything that happens in a company. Some are using that insight to take on a more strategic role. By Minda Zetlin Dec 04, 2023 12 mins CIO C-Suite Business IT Alignment opinion Fortifying the bridge between tech and business in the C-suite To be considered a tech-forward company today, there has to be a focus on tech fluency across the C-suite, which creates a unique opportunity for CIOs to uplevel their roles and expand their footprint across the enterprise. By Diana Bersohn and Rachel Barton Dec 04, 2023 7 mins CIO Business IT Alignment IT Strategy Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe